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Journal entry worksheet Purchased office equipment at a cost of $117,500. Cash of $47,000 was paid and a note payable was signed for the balance

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Journal entry worksheet Purchased office equipment at a cost of $117,500. Cash of $47,000 was paid and a note payable was signed for the balance owed. Note: Enter debits before credits. Journal entry worksheet (1) 2 5 Paid $209,525 on account for the inventory purchased in transaction 3 . Note: Enter debits before credits. Journal entry worksheet Paid $3,480 to an insurance company for fire and liability insurance for a oneyear period beginning June 1, 2024. Note: Enter debits before credits. Journal entry worksheet (1) .4 6 7 Collected $98,600 from customers on account. Note: Enter debits before credits. Journal entry worksheet Purchased inventory on account at a cost of $290,000. The company uses the perpetual inventory system. Note: Enter debits before credits. Journal entry worksheet 1 8 Paid $6,750 in rent on the store building for the month of June. Note: Enter debits before credits. Journal entry worksheet (1) ... 4 7 Paid shareholders a cash dividend of $7,250. Note: Enter debits before credits. Journal entry worksheet <.4 received cash of from customers in advance services to be provided. note: enter debits before credits. the following transactions occurred during month june for stridewell corporation. company owns and operates a retail shoe store. issued shares common stock exchange cash. purchased office equipment at cost was paid note payable signed balance owed. inventory on account uses perpetual system. credit sales totaled goods sold . rent store building june. an insurance fire liability one-year period beginning transaction collected account. shareholders dividend required: prepare journal entries record each events listed above. if no entry is required select first field. worksheet credits>

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