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Could you please help me A1 Prepare general journal entries for the following transactions of Sustain Company. June 1T. James, owner, invested $11,000 cash in
Could you please help me
A1 Prepare general journal entries for the following transactions of Sustain Company. June 1T. James, owner, invested $11,000 cash in Sustain Company in exchange for common stock. 2furnituremadefromreclaimedwoodoncredit.Thecompanypaid$600cashfora12-monthprepaidinsurancepolicyonthereclaimedfurniture.Thecompanybilledacustomer$3,000forsustainabilityservicesprovided.Thecompanypaid$4,000cashtowardthepayablefromtheJune2furniturepurchase.20Thecompanycollected$3,000cashforservicesbilledonJune4.21T.Jamesinvestedanadditional$10,000cashinSustainCompanyinexchangeforcommonstock.30Thecompanyreceived$5,000cashinadvanceofprovidingsustainabilityservicestoaThecompanypurchased$4,000of Step by Step Solution
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