Journalize the following transactions by Marigold Printing Company. (Credit account titles are automatically indented when the amount is
entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the
amounts. List all debit entries
before credit entries.)
1.
Stockholders invest $93,500 cashbo start the business.
2.
Purchased three digital copy machines for $445,000, paying $119,000 cash and signing a 5-year, 6% note for the remainder.
3.
Purchased $5,000 paper supplies on credit.
4.
Cash received for photocopy services amounted to $8,300.
5.
Paid $400 cash for social media consulting.
6.
Paid $950 on account for paper supplies purchased in transaction 3.
7.
Dividends of $1,400 were paid to stockholders.
Paid $1,300 cash for rent for the current month.
8.
9.
10.
Billed a customer for $450 for photocopy services completed.
Received $3,400 cash advance from a customer for future copying.
