Journalize Transactions Four transactions that occurred during June are listed below. a. June 1: Issued common shares

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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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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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