Quick Cleaners, Inc. (QCI) has been in business for several years. It specializes in cleaning houses but has some small business clients as well. a. Incurred $600 of heating and electrical costs this month and will pay them next month. b. Issued $25,000 of QCI stock for cash. c. Paid wages for the current month, totalling $2,000. d. Performed cleaning services on account worth $2,800. e. Some of Quick Cleaners’s equipment was repaired at a total cost of $150. The company paid the full amount immediately. Required: Prepare journal entries for the above transactions, which occurred during a recent month. (Omit the "$" sign in your response.) Event General Journal Debit Credit a. Utilities expense Accounts payable b. Cash Contributed capital c. Wages expense Cash d. Accounts receivable Services/cleaning revenue e. Repairs and maintenance expense Cash

Quick Cleaners, Inc. (QCI) has been in business for several years. It specializes in cleaning houses but has some small business clients as well.  

a.	Incurred $600 of heating and electrical costs this month and will pay them next month.
b.	Issued $25,000 of QCI stock for cash.
c.	Paid wages for the current month, totalling $2,000.
d.	Performed cleaning services on account worth $2,800.
e.	Some of Quick Cleaners’s equipment was repaired at a total cost of $150. The company paid the full amount immediately.

Required:

Prepare journal entries for the above transactions, which occurred during a recent month. (Omit the "$" sign in your response.)

 

Event	General Journal	Debit	Credit
a.	Utilities expense
	Accounts payable
b.	Cash
	Contributed capital
c.	Wages expense
	Cash
d.	Accounts receivable
	Services/cleaning revenue
e.	Repairs and maintenance expense
	Cash