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June 1 2 3 12 Identify the accounts to be debited and credited for each transaction. June 1 June 2 June 3 Issues common stock
June 1 2 3 12 Identify the accounts to be debited and credited for each transaction. June 1 June 2 June 3 Issues common stock to investors in exchange for $5,000 cash. Buys equipment on account for $1,100. Pays $740 to landlord for June rent. Sends Wil Wheaton a bill for $700 after completing welding work. June 12 Account Debited Account Credited
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