Date Accounts & Explanations F Debit (DR)

2020
1-Jan Cash 100,000
Common Stock
To record stock issuance.
1-Jan Office Supplies 10,000
Accounts Payable
To record purchase of office supplies on account.
4-Jan Machinery 50,000
Cash
To record purchase of machinery.
16-Jan Accounts Payable 10,000
Cash
To record office supply payment to vendor.
19-Jan Accounts Receivable 20,000
Service Revenue
To record services performed on account.
21-Jan Office Supplies 7,000
Accounts Payable
To record purchase of office supplies on account.
24-Jan Miscellaneous Expense 3,000
Cash
To record payment of expense.
Credit (CR)

100, 000

10,000

50,000

10,000

20,000

7,000

3,000