es Exercise 2-8 (Algo) Preparing journal entries LO A1 Following are the transactions of Sustain Company....

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es Exercise 2-8 (Algo) Preparing journal entries LO A1 Following are the transactions of Sustain Company. June 1 T. James, owner, invested $20,500 cash in Sustain Company. June 2 The company purchased $13,500 of furniture made from reclaimed wood on credit. June 3 The company paid $2,500 cash for a 12-month prepaid insurance policy on the reclaimed furniture. June 4 The company billed a customer $12,500 for sustainability services provided. June 12 The company paid $13,500 cash toward the payable from the June 2 furniture purchase. June 20 The company collected $12,500 cash for services billed on June 4. June 21 T. James invested an additional $19,500 cash in Sustain Company. June 30 The company received $14,500 cash in advance of providing sustainability services to a customer. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 T. James, owner, invested $20,500 cash in Sustain Company. Note: Enter debits before credits. Date June 01 General Journal Debit Credit es Exercise 2-8 (Algo) Preparing journal entries LO A1 Following are the transactions of Sustain Company. June 1 T. James, owner, invested $20,500 cash in Sustain Company. June 2 The company purchased $13,500 of furniture made from reclaimed wood on credit. June 3 The company paid $2,500 cash for a 12-month prepaid insurance policy on the reclaimed furniture. June 4 The company billed a customer $12,500 for sustainability services provided. June 12 The company paid $13,500 cash toward the payable from the June 2 furniture purchase. June 20 The company collected $12,500 cash for services billed on June 4. June 21 T. James invested an additional $19,500 cash in Sustain Company. June 30 The company received $14,500 cash in advance of providing sustainability services to a customer. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 T. James, owner, invested $20,500 cash in Sustain Company. Note: Enter debits before credits. Date June 01 General Journal Debit Credit