Raeph’s Auto Shop

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Assignment: Raeph’s Auto Shop

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Use Raeph’s Auto Shop document to record the transactions below into a general journal. When recording the transactions into the general journal, be sure to record debits first, then credits.

May 1 Raeph Savareses invested $75,000 cash in the auto shop.
5 Paid $8,000 for auto equipment.
8 Bought auto equipment from Leominster Co. for $6,000 on account.
14 Received $1,300 for repair fees earned.
18 Billed Lumb Co. $750 for services rendered.
20 Raeph withdrew $200 for personal use.

Submission Requirements

Submit the following documents by the due date. Be sure to follow these requirements in your work:

Type your assignment into the MS Excel template provided in the instructions (.xls or .xlsx).

Please click the “Submit Assignment” link and follow the prompts to upload your assignment.


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