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Following are the transactions of Sustain Company. June 1 T. James, owner, invested $14,000 cash in Sustain Company. 2 The company purchased $7,000 of furniture
Following are the transactions of Sustain Company. June 1 T. James, owner, invested $14,000 cash in Sustain Company. 2 The company purchased $7,000 of furniture made from reclaimed wood on credit. 3. The company paid $1,200 cash for a 12-month insurance policy on the reclaimed furniture. 4 The company billed a customer $6,000 in fees earned from preparing a sustainability report. 12 The company paid $7,000 cash toward the payable from the June 2 furniture purchase. 20 The company collected $6,000 cash for fees billed on June 4. 21 T.James, owner, invested an additional $13,000 cash in Sustain company. 30 The company received $8,000 cash from a client for sustainability services for the next 3 months. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 T. James, owner, invested $14,000 cash in Sustain Company. Note: Enter debits before credits. Date General Journal Debit Credit June 01 Record entry Clear entry View general journal
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