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can someome kindly help me with these journal entries? as i am lost thank you!! QUESTION #2 (21 marks) Below are transactions for Red Fin
can someome kindly help me with these journal entries? as i am lost thank you!! QUESTION #2 (21 marks) Below are transactions for Red Fin Corporation during their first month of operations: 3. Owner invested $300,000 cash and gave a building with a value of $650,000 to the business and received common shares in return. b. Purchased office supplies on account, $260 c. Performed services for a customer on account, $3,500, d. Purchased a plece of equipment by paying $200,000 down and signing a note for the remainder of $600,000. e. Performed services for a customer and immediately collected $4,500 cash. f. Employees worked and were not paid for salaries worth $3,600. Prepare journal entries for Red Fin Corporation. Note this is the company's first month of operations
can someome kindly help me with these journal entries? as i am lost thank you!!
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