1. Given below is a list of selected transactions performed by John Décor during the month of September 2002, the first month of operation. a) Record the transactions in General Journal Sept. 10 Mr. John transferred cash from his personal account to be used in the business, Birr 10,000. 10 Paid rent for the month, Birr 500 11 Purchased a truck for Birr 12,000 by paying Birr 3,000 Cash and giving a notes payable for the difference 12 Purchased equipment on account Birr 1,460 13 Purchased supplies on account Birr 240 14 Paid insurance premiums of Birr 170 (Dr. prepaid insurance) 15 Received cash for services completed Birr 360. 16 Purchased Supplies on account Birr 240. 18 Paid salaries of Birr 900 21 Paid its liabilities for the purchase of equipment 24 Recorded sales on account Birr 2,080 26 Received an invoice for truck expense Birr 115 27 Paid utilities expense Birr 205. 27 Paid miscellaneous expenses Birr 73 28 Received cash from customers on account birr 1,420 30 Paid salaries to employees Birr 950
2. the owner withdrew Birr 1, 750 for personal use.

General Journal Entries for John Décor - September 2002

b)Post each entry to the perspective account. Use the four column account.

Four-Column Account Posting

Cash Account

Rent Expense Account

Truck Account

Notes Payable Account

Equipment Account

Supplies Account

Prepaid Insurance Account