c The c d The c g The i The company paid 1200 cash in divide

c. The c d. The c g. The i. The company paid $1,200 cash in dividends to the owner (sole shareholder). to identify entries Dividends; Fees Earned; and Rent Journal entry worksheet

Solution

Journal entry

No	accounts & explanation	debit	credit
a	Cash	17750
	Common Stock		17750
	(To record common Stock)
b	Office supplies	515
	Cash		515
	(To record purchase office supplies)
c	Office equipment	9816
	Account payable		9816
	(To record purchase office equipment)
d	Cash	2094
	Fees earned		2094
	(To record revenue earned)
e	Account payable	9816
	Cash		9816
	(To record amount paid)
f	Account receivable	3763
	Fees earned		3763
	(To record accured revenue)
g	Rent expense	515
	Cash		515
	(To record rent paid)
h	Cash	1580
	Account receivable		1580
	(To record cash received)
i	Cash dividend	1200
	Cash		1200
	(To record dividend paid)