3 Following are the transactions of Sustain Company 81 oints Skipped June 1 7. James, owner, invested $14,000 cash in Sustain Company in exchange for common stock. 2 The company purchased $7,000 of furniture made from reclaimed wood on credit. 3 The company paid $1,200 cash for a 12-month prepaid insurance policy on the reclaimed furniture. 4 The company billed a customer $6,000 for sustainability services provided. 12 The company paid $7,000 cash toward the payable from the June 2 furniture purchase. 20 The company collected $6,000 cash for services billed on June 4. 21 7. James invested an additional $13,000 cash in Sustain Company in exchange for common stock. 30 The company received $8,000 cash from a client for sustainability services for the next 3 months. Prepare general journal entries for the above transactions. eBook References View transaction list Journal entry worksheet