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What is the journal entry for the following below? Invested 30,000 cash and equipment valued

by | Nov 28, 2023 | accounting

What is the journal entry for the following below?

Invested 30,000 cash and equipment valued

at 14,000 in the business.

Hired administrative assistant at a salary of 290 per week payable monthly.

Purchased supplies on account for 700.

Paid office rent 600 for the month.

Completed a tax assignment and billed client 1100 for services rendered.

Received 3200 advance on a management consulting engagement.

Received cash of 2300 for services completed.

Paid insurance expense 110

Paid administrative assistant 1160 for the month.

A count of supplies indicated that 120 of supplies had been used.

Purchased a new computer for 5100 with personal funds (the computer for business purposes

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