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Journalize Transactions Four transactions that occurred during June are listed below. June 1: Issued common stock to several investors for $80,100. June 8: Purchased equipment

Journalize Transactions

Four transactions that occurred during June are listed below.

  1. June 1: Issued common stock to several investors for $80,100.
  2. June 8: Purchased equipment for $13,300 cash.
  3. June 15: Made cash sales of $21,700 to customers.
  4. June 29: Paid a $6,600 dividend to stockholders.

Required:

Prepare journal entries for the transactions.

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