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Journalize the following: (2 points each) SKIP A LINE BETWEEN LETTERS!!!! a. Jackson put $10,000 into the business (ABC Corp.) in exchange for common stock.
Journalize the following: (2 points each) SKIP A LINE BETWEEN LETTERS!!!! a. Jackson put $10,000 into the business (ABC Corp.) in exchange for common stock. b. Paid the following: Rent expense $3,000, Salaries expense $5,000 and Miscellaneous expense C. $1,000. Received $2,000 on account. d. Paid a creditor on account $1,500 e. Earned sales of $45,000 and sent an invoice to the customer. f. Purchased equipment $2,500 on account. g. Purchased $500 of supplies with cash. h. Paid utility expense of $1,500 for the month Purchased insurance $1,750 with cash. ers 2 i. j. Paid cash dividends $1,800 Date Description Cash Commen Stock Debit 10,000 Credit 10,000
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