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Jan. 1 Each owner equally contributed 120,000 to Maitham Co. in exchange for common stock Jan. 2 Paid cash of 20,000 for land Jan. 3

Jan. 1Each owner equally contributed120,000to
Maitham Co.in exchange for common stock
Jan. 2Paid cash of20,000for land
Jan. 3Purchased supplies for3,000on account
Jan. 8PerformedProvide programmingand collected cash of3,000
Jan. 10Performedproviding telecommunicationfor2,000
and the client will pay the company later
Jan. 15Paid cash of4,000for salaries expense
Jan. 21Paid cash of3000
for the office supplies purchased on account on Jan. 3
Jan. 22Collected cash of2000from the client on Jan. 10
Jan. 25The cash dividend was paid at2,000
Jan. 29Received a phone bill for200and will pay this next month
Jan. 30A client engages your company to providecleaningand agrees to pay
450in advance
Jan. 31Prepaid 12 months' rent of3,000

prepare the general journal and T-Account

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