The following tranactions occurred for Jones Company and recorded by the accountant, Paul Baxter. Jan. 2 -
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The following tranactions occurred for Jones Company and recorded by the accountant, Paul Baxter. | ||||||
Jan. 2 - The company issued $40,000 in common stock. . | ||||||
Jan. 3 - The company receives $8,000 cash for fees earned from customer. | ||||||
Jan. 4 - Paul invoices customer on account for $4,000 for fees earned. | ||||||
Jan. 5 -The company recevices $300 from customer on their account. | ||||||
Jan. 6 - Paul Purchased $100 of supplies on account. | ||||||
Jan. 7 - The company paid dividends of $2,000 cash. | ||||||
Journalize the transactions above. |
Related Book For
Financial accounting
ISBN: 978-0132751124
9th edition
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
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