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How to make a business transaction/ journal transaction spread sheet with the given information Dec. 1 Amber Wilson contributed land on the river (worth $85,000)

How to make a business transaction/ journal transaction spread sheet with the given information

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Dec. 1 Amber Wilson contributed land on the river (worth $85,000) and a small building to use as a rental office (worth $35,000) in exchange for owner's equity. 1 The company prepaid $3,000 for three months' rent on the warehouse where the company stores the canoes. (Use the Prepaid Rent account.) 2 The company purchased canoes, signing a note payable for $7,200. 4 The company purchased office supplies on account for $500. 9 The company received $4,500 cash for canoe rentals to customers. 10 received $300 as advance payment from client for 3 months 15 Canyon Canoe Company rented canoes to customers for $3,500, but will be paid next month. 16 Canyon Canoe Company received a $750 rental deposit from a group that will use the canoes next month. (Use the Unearned Revenue account.) 18 The company paid the utilities and telephone bills from last month. 19 The company paid other accounts payable in the amount of $2,000. 20 Canyon Canoe Company received bills for the telephone ($325) and utilities ($295), which will be paid later. 31 The company paid salaries of $1,800. 31 Amber Wilson withdrew $300 from the business for personal use

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