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Following are the transactions of a new company called Smiley Pictures Aug. 1 Fahmy Amin, the owner, invested $16,500 cash in the company. The company
Following are the transactions of a new company called Smiley Pictures Aug. 1 Fahmy Amin, the owner, invested $16,500 cash in the company. The company provided photography services for one of its customers for 20,000, received 12,000 cash and the remaining amount will be received within 10 days. 9 The company borrowed $10,000 cash from the bank by signing a promissory note Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet 1 3 Fahmy Amin, the owner, invested s16,500 cash and $33,500 of photography equipment in the company. Prepare general journal entries for the above transactions View transaction list Journal entry worksheet 1 2 3 4 Fahmy Amin, the owner, invested $16,500 cash and $33,500 of photography equipment in the company. Note: Enter debits before credits. General Journal Debit Credit Aug 01 Record entry Clear enty
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