Journalize Transactions Four transactions that occurred during June are listed below. a. June 1: Issued common shares
Question:
Journalize Transactions Four transactions that occurred during June are listed below.
a. June 1: Issued common shares to several investors for \(\$ 83,000\)
b. June 8: Purchased equipment for \(\$ 12,800\) cash
c. June 15: Made cash sales of \(\$ 21,400\) to customers
d. June 29: Declared and paid a \(\$ 6,500\) dividend to shareholders Required:
Prepare journal entries for the transactions.
\section*{Cornerstone Exercise
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Related Book For
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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