Journalizing

Rendered service to customer but promised to pay next month

• Dr. Accounts Receivable

• Cr. Service Revenue

• Dr. Service Revenue

• Cr. Accounts Receivable

Purchased machine for cash

• Dr. Machine

• Cr. Cash

• Dr. Cash

• Cr. Machine

Withdrew cash for personal use

• Dr. Owner, Drawings

• Cr. Cash

• Dr. Cash

• Cr. Owner, Drawings

Purchased inventories through credit

• Dr. Inventories

• Cr. Accounts Payable

• Dr. Accounts Payable

• Cr. Inventories

Paid salaries to employee

• Dr. Salaries Expense

• Cr. Cash

• Dr. Cash

• Cr. Salaries Expense