Following are the transactions of Sustain Company. June 1 T. James, owner, invested $20,000 cash in Sustain Company in exchange for common stock. June 2 The company purchased $13,000 of furniture made from reclaimed wood on credit. June 3 The company paid $2,400 cash for a 12 -month prepaid insurance policy on the reclaimed furniture. June 4 The company billed a customer $12,000 for sustainability services provided. June 12 The company paid $13,000 cash toward the payable from the June 2 furniture purchase. June 20 The company collected $12,990 cash for services billed on June 4 . June 21T. James invested an additional $19,000 cash in Sustain Company in exchange for common stock. June 30 The company received $14,000 cash from a client for sustainability services for the next 3 months. Prepare general journal entries for the above transactions. Journal entry worksheet Following are the transactions of Sustain Company. June 1 T. James, owner, invested $20,000 cash in Sustain company in exchange for common stock. June 2 The company purchased $13,000 of furniture made from reclaimed wood on credit. June 3 The company paid $2,400 cash for a 12 -month prepaid insurance policy on the reclaimed furniture. June 4 The company billed a customer $12,000 for sustainability services provided. June 12 The company paid $13,000 cash toward the payable from the June 2 furniture purchase. June 20 The company collected $12,000 cash for services billed on June 4. June 21T. James invested an additionaI $19,000 cash in Sustain company in exchange for common stock. June 30 The company received $14,000 cash from a client for sustainability services for the next 3 months. Prepare general journal entries for the above transactions. Journal entry worksheet 456=7,8 The company purchased $13,000 of furniture made from reclaimed wood on credit. Note: Enter debits before credits. Following are the transactions of Sustain Company. June 1T. James, owner, invested $20,000 cash in Sustain Company in exchange for common stock. June 2 The company purchased $13,000 of furniture made from reclaimed wood on credit. June 3 The company paid $2,400 cash for a 12-month prepaid insurance policy on the reclaimed furniture June 4 The company billed a customer $12,000 for sustainability services provided. June 12 The company paid $13,000 cash toward the payable from the June 2 furniture purchase. June 20 The company collected $12,900 cash for services billed on June 4 . June 21T. James invested an additional $19,000 cash in sustain Company in exchange for common stock. June 30 The company received $14,000 cash from a client for sustainability services for the next 3 month Prepare general journal entries for the above transactions. Journal entry worksheet Exercise 2-8 (Algo) Preparing Journal entries LO AT Following are the transactions of Sustain Company. June 1T. James, owner, invested $20,080 cash in Sustain Company in exchange for common stock. June 2 The company purchased $13,008 of furniture made from reclaimed wood on credit. June 3 The company paid $2,400 cash for a 12-month prepaid insurance policy on the reclaimed furniture. June 4 The company billed a customer $12,00 for sustainability services provided. June 12 The company paid $13,890 cash toward the payable from the June 2 furniture purchase. June 20 The company collected $12,000 cash for services billed on June 4. June 21T. James invested an additional $19,000 cash in Sustain Company in exchange for common stock. June 30 The company received $14,800 cash from a client for sustainability services for the next 3 months. Prepare general journal entries for the above transactions. Journal entry worksheet The company billed a customer $12,000 for sustainability services provided. Note: Enter debits before credits. Following are the transactions of Sustain Company. June 1T. James, owner, invested $20,000 cash in Sustain Company in exchange for common stock. June 2 The company purchased $13,000 of furniture made from reclaimed wood on credit. June 3 The company paid $2,400 cash for a 12-month prepaid insurance policy on the reclaimed furniture. June 4 The company billed a customer $12,000 for sustainability services provided. June 12 The company paid $13,000 cash toward the payable from the June 2 furniture purchase. June 20 The company collected $12,000 cash for services billed on June 4. June 21T. James invested an additional $19,000 cash in Sustain Company in exchange for common stock. June 30 The company received $14,000 cash from a client for sustainability services for the next 3 months. Prepare general journal entries for the above transactions. Journal entry worksheet 678 The company paid $13,000 cash toward the payable from the June 2 furniture purchase. Note: Enter debits before credits. Following are the transactions of Sustain Company. June 1T. James, owner, invested $20,000 cash in Sustain Company in exchange for common stock. June 2 The company purchased $13,000 of furniture made from reclaimed wood on credit. June 3 The company paid $2,400 cash for a 12 -month prepaid insurance policy on the reclaimed furniture. June 4 The company billed a customer $12,000 for sustainability services provided. June 12 The company paid $13,900 cash toward the payable from the June 2 furniture purchase. June 20 The company collected $12,000 cash for services billed on June 4. June 21T. James invested an additional $19,000 cash in sustain company in exchange for common stock. June 30 The company received $14,000 cash from a client for sustainability services for the next 3 months. Prepare general journal entrles for the above transactions. Journal entry worksheet Following are the transactions of Sustain Company. June 1 T. James, owner, invested $20,000 cash in Sustain Company in exchange for common stock. June 2 The company purchased $13,000 of furniture made from reclaimed wood on credit. June 3 The company paid $2,460 cash for a 12 -month prepaid insurance policy on the reclaimed furniture. June 4 The company billed a customer $12,000 for sustainability services provided. June 12 The company paid $13,000 cash toward the payable from the June 2 furniture purchase. June 20 The company collected $12,000 cash for services billed on June 4. June 21T. James invested an additional $19,000 cash in Sustain Company in exchange for common stock. June 30 The company received $14,000 cash from a client for sustainability services for the next 3 months. Prepare general journal entries for the above transactions. Journal entry worksheet T. James invested an additional $19,000 cash in Sustain Company in exchange for common stock. Note: Enter debits before credits. Exercise 2-8 (Algo) Preparing journal entries LO A1 Following are the transactions of Sustain Company. June 1 T. James, owner, invested $2,880 cash in Sustain Company in exchange for common stock. June 2 The company purchased $13,800 of furniture made from reclaimed wood on credit. June 3 The company paid $2,480 cash for a 12-month prepaid insurance policy on the reclaimed furniture. June 4 The company billed a customer $12,00 for sustainability services provided. June 12 The company paid $13,080 cash toward the payable from the June 2 furniture purchase. June 20 The company collected $12,090 cash for services billed on June 4. June 21T. James invested an additional $19,000 cash in Sustain Company in exchange for common stock. June 30 The company received $14,000 cash from a client for sustainability services for the next 3 months. Prepare general journal entries for the above transactions. Journal entry worksheet The company received $14,000 cash from a client for sustainability services for the next 3 months. Note: Enter debits before credits