Raeph’s Auto Shop
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Assignment: Raeph’s Auto Shop
-
Due
No Due Date -
Points
100 -
Submitting
a file upload
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.
201X | |
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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