Following are the transactions of Sustain Company. June 1 1. James, owner, invested $19,500 cash in Sustain Company in exchange for common stock. 2 The company purchased $12,500 of furniture made from reclaimed wood on credit. 3 The company paid $2,300 cash for a 12-month prepaid insurance policy on the reclaimed furniture. 4 The company billed a customer $11,500 for sustainability services provided. 12 The company paid $12,500 cash toward the payable from the June 2 furniture purchase. 20 The company collected $11,500 cash for services billed on June 4. 21 T. James invested an additional $18,500 cash in Sustain Company in exchange for common stock. 30 The company received $13,500 cash from a client for sustainability services for the next 3 months. Prepare general journal entries for the above transactions. View transaction list View journal entry worksheet X No Date General Journal Debit Credit 1 June 01 Cash 2. June 02 Furniture Accounts payable