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Create Journal entries for the following. 1. On March 1 you invested $150,000 in cash and equipment worth $20,000 in your business. 2. On March
Create Journal entries for the following. 1. On March 1 you invested $150,000 in cash and equipment worth $20,000 in your business. 2. On March 1 your company paid for a years worth of insurance from Fam Guard by paying $24,000 cash on that date. 3. You agreed to build a building for Just Rite for $150,000 beginning March 1. The building will take two months to build. Just Rite paid the entire amount on March 1. 4. On March 4 Einstein Consulting did consulting work for your business for $8,000. You agreed to pay within 15 days. 5. On March 7 you purchased office supplies from Better Business for $3,000 cash. 6. On March 16 your business paid Einstein the balance owing. 7. On March 18 your business paid $800 cash for advertisement from the Tribune. 8. On March 20 your business purchased a Van from Island Motors for $45,000 cash. 9. On March 31 you paid $1,200 for rent. 10. On March 31 your business paid $15,000 cash for payroll
Create Journal entries for the following.
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