Respuesta :
Answer:
1. Dr Cash 22,000
Cr Common Stock 22,000
2. no entry required
3. Dr Supplies 1,600
Cr Accounts Payable 1,600
4. Dr Rent Expense 770
Cr Cash 770
5. Dr Cash 1,900
Cr Service Revenue 1,900
6. Dr Cash 2,900
Cr Unearned Service Revenue 2,900
7. Dr Cash 1,100
Cr Accounts receivable 1,100
8. Dr Salaries Expense 1,100
Cr Cash 1,100
9. Dr Accounts payable 640
Cr Cash 640
10. Dr Cash 1,900
Cr Service Revenue 1,900
Explanation:
Entry no.2 : No entry is required because it's not an economic transaction; it's just an agreement.
Entry no.9 : 40% of 1600 = 640