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2-7B Complete the steps in the measurement of external transactions (LO2-4, 2-5, 2-6) (GL) Below are the transactions for Salukis Car Cleaning for June, the
2-7B Complete the steps in the measurement of external transactions (LO2-4, 2-5, 2-6) (GL) Below are the transactions for Salukis Car Cleaning for June, the first month of operations. June 1 Obtain a loan of $58,000 from the bank by signing a note.. June 2 Issue common stock in exchange for cash of $28,000. June 7 Purchase car wash equipment for $63,000 cash. June 10 Purchase cleaning supplies of $6,800 on account. June 12 Wash 380 cars for $10 each. All customers pay cash. June 16 Pay employees $780 for work performed.. June 19 Pay for advertising in a local newspaper, costing $380. June 23 Wash 480 cars for $10 each on account. June 29 Pay employees $830 for work performed. June 30 A utility bill of $1,280 for the current month is paid. June 30 Pay dividends of $480 to stockholders. ces Requirement General Journal General Ledger Trial Balance Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1-11). Review the 'General Ledger' and the "Trial Balance' tabs to see the effect of the transactions on the account balances. Requirement General Journal >
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