Following are the transactions of Sustain Company.

June	1		T. James, owner, invested $12,500 cash in Sustain Company in exchange for common stock.
	2		The company purchased $5,500 of furniture made from reclaimed wood on credit.
	3		The company paid $900 cash for a 12-month prepaid insurance policy on the reclaimed furniture.
	4		The company billed a customer $4,500 for sustainability services provided.
	12		The company paid $5,500 cash toward the payable from the June 2 furniture purchase.
	20		The company collected $4,500 cash for services billed on June 4.
	21		T. James invested an additional $11,500 cash in Sustain Company in exchange for common stock.
	30		The company received $6,500 cash from a client for sustainability services for the next 3 months.

Prepare general journal entries for the above transactions.

Following are the transactions of Sustain Company. June 1 T. James, owner, invested $12,500 cash in Sustain Company in exchange for common stock. 2 The company purchased $5,500 of furniture made from reclaimed wood on credit. 3 The company paid $900 cash for a 12-month prepaid insurance policy on the reclaimed furniture. 4 The company billed a customer $4,500 for sustainability services provided. 12 The company paid $5,500 cash toward the payable from the June 2 furniture purchase. 20 The company collected $4,500 cash for services billed on June 4. 21 T. James invested an additional $11,588 cash in Sustain Company in exchange for common stock. 30 The company received $6,500 cash from a client or sustainability services for the next 3 months. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet