(Answered) Question - selected transactions from the journal of

Accounting

Question - Selected transactions from the journal of Metlock, Inc. during its first month of operations are presented here.

Date Account Titles Debit Credit Aug.

1 Cash 7,300 Common Stock 7,300

10 Cash 1,400 Service Revenue 1,400

12 Equipment 6,000 Cash 1,090 Notes Payable 4,910

25 Accounts Receivable 2,780 Service Revenue 2,780

31 Cash 510 Accounts Receivable 510

Post the transactions to T-accounts.

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