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Journal Entries- Prepare journal entries in correct form to record the following transactions for ABC Co. Use appropriate account titles. Omit explanations and skip
Journal Entries- Prepare journal entries in correct form to record the following transactions for ABC Co. Use appropriate account titles. Omit explanations and skip a line between entries 4 points each. June 10 Issued common stock for 40,000 cash. June 12 June 15 Paid 1,800 for salaries in the current period. June 20 Performed 1,500 of services on account for a customer Purchased equipment for use in the business at a cost of 8,000. 3,000 was paid in cash and the company signed a note for the balance. June 29 Collected 500 from a customer on account. June 30 ABC Co. paid 900 for electricity used in June. First, you will need to create a table to complete this question. In Canvas, select the table icon as shown below to create your table. BIUA- Use these headings for the table. Date Account Debit xx, E E 12pt Paragraph Edit View Insert Format Tools Table 12pt Paragraph BIU AT2: Credit
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