Question
Belta Company has the following transactions in February 2020 1 Feb Mandy invested $20,000 cash and $40,000 equipment in the company 2 Feb Paid $6,000
Belta Company has the following transactions in February 2020
1 Feb Mandy invested $20,000 cash and $40,000 equipment in the company
2 Feb Paid $6,000 cash for an insurance policy for the next 2 years
8 Feb Purchased $1,000 office supplies on account
12 Feb Sold $15,000 goods to customer on credit
26 Feb Received utility bill amounting $200
Required: Prepare journal entries for the above transactions. Narrations are not required.
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Here are the journal entries for the transactions of Belta Company in February 2020 1 Feb 1 Deb...
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Financial Accounting Information for Decisions
Authors: John J. Wild
8th edition
125953300X, 978-1259533006
