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A group of students in United states opened Laundry Inc. on October 1, 2011. During the first month of operations the following transactions occurred. Journalize
A group of students in United states opened Laundry Inc. on October 1, 2011. During the first month of operations the following transactions occurred. Journalize the following transactions .for the month of October, 2011 October 3 Purchased washers and dryers for $15,000, paying $5,000 in cash and signing a $10,000, .6-month, 12% note payable Laundry Equipment 10,000 Notes payable 10,000 Cash 5000 Notes payable 5000 Washer and Drayer 15000 Cash 5,000 Note Payable 10,000 Laundry Equipment 15,000 Cash 5,000 Note Payable 10,000
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