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Following are the transactions of Sustain Company. June 1 T . James, owner, invested $ 1 2 , 0 0 0 cash in Sustain Company
Following are the transactions of Sustain Company.
June T James, owner, invested $ cash in Sustain Company in exchange for common stock.
June The company purchased $ of furniture made from reclaimed wood on credit.
June The company paid $ cash for a month prepaid insurance policy on the reclaimed furniture.
June The company billed a customer $ for sustainability services provided.
June The company paid $ cash toward the payable from the June furniture purchase.
June The company collected $ cash for services billed on June
June T James invested an additional $ cash in Sustain Company in exchange for common stock.
June The company received $ cash in advance of providing sustainability services to a customer.
Prepare general journal entries for the above transactions.
Journal entry worksheet
T James, owner, invested $ cash in Sustain Company in exchange for
common stock.
Note: Enter debits before credits.
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