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In August, 2018, Canine Cuisine, Inc. was established in Lafayette, Louisiana, to sell gourmet dog ine via the internet to individual and commercial customers across

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In August, 2018, Canine Cuisine, Inc. was established in Lafayette, Louisiana, to sell gourmet dog ine via the internet to individual and commercial customers across the United States. Luke Ward Pachi Lee are the major stockholders in this corporation t I The company completed the following transactions during August 2018. August 1 3 Purchased a computer system for use in the business for $12,000; paid $5,000 5 Hired Ima Nurd to design, set up, and operate the company's website. 10 Paid $6,000 for a one-year insurance policy effective August 1, 2018. Stockholders (Luke and Pachi) invested $60,000 cash in the business. down and signed a 1 year 12% note for the balance. Purchased $21,000 of gourmet dog cuisine from a local manufacturing company: paid 1/3 in cash and the balance on account. r services to be provided from August 1 through October 31, 2018 Purchased supplies for $6,200 on account. Paid $2,800 to advertise the opening of their business. Sold gourmet dog cuisine to customers on account for $26,000; the cuisine cost $11,000 Paid $4,700 to creditors on account. Collected $12,600 from customers billed on August 18. Sold gourmet dog cuisine to customers for $4,400 cash: the cuisine cost $1,300 Paid $800 for utilities used during August. Declared and paid a $900 dividend. 12 15 x18 23 25 ?27 29 30 UIRED: Journalize the August transactions in the general journal

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