The transactions that follow took place at the Desoto Recreation and Sports Arena during September..

The transactions that follow took place at the Desoto Recreation and Sports Arena during September 2019. This firm has indoor courts where customers can play tennis for a fee. It also rents equipment and offers tennis lessons. INSTRUCTIONS Record each transaction in the general journal, using the following chart of accounts. Be sure to number the journal page 1 and to write the year at the top of the Date column. Include a description for each entry. ASSETS___________________________REVENUE 101 Cash………………………………….401 Fees Income 111 Accounts Receivable…………………EXPENSES 121 Supplies………………………………511 Equipment Repair Expense 141 Equipment……………………………512 Rent Expense LIABILITIES……………………………513 Salaries Expense 202 Accounts Payable……………………514 Telephone Expense OWNER S EQUITY…………………….517 Utilities Expense 301 Ellis Carter, Capital 302 Ellis Carter, Drawing DATE TRANSACTIONS Sept. 1 Issued Check 1169 for $2,000 to pay the September rent. 5 Performed services for $4,000 in cash. 6 Performed services for $2,950 on credit. 10 Paid $900 for monthly telephone bill; issued Check 1170. 11 Paid for equipment repairs of $1,050 with Check 1171. 12 Received $1,500 on account from credit clients. 15 Issued Checks 1172-1177 for $5,200 for salaries. 18 Issued Check 1178 for $2,700 to purchase supplies. 19 Purchased new te