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Following are the transactions of Sustain Company June 1 x. James, owner, Invested 516,500 canh in sustain Cospany in exehasge tort June 3 The company

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Following are the transactions of Sustain Company June 1 x. James, owner, Invested 516,500 canh in sustain Cospany in exehasge tort June 3 The company paid $1,700 cash for a 12 -month prepald inouratice voliey os bist. June 12 The company bilied a cuntomer $8,500 for mustainability services pronided. June 20 The company paid 59,500 eash toward the payable trot June 21 The company collected $8,500 eash for services billed on June 4 . Prepare genteral journal entries for the above transactions. Journal entry worksheet 1 5 7 8 The company paid $1,700 cash for a 12 -month prepaid insurance policy on the reclaimed furniture. Note: Enter debits before credits

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