Module 2 Critical Thinking Assignment 4 Following are the transactions of Sustain Company Seved eBook June 1 1. James, owner, Invested $13,000 cash in Sustain Company in exchange for common stock. June 2 The company purchased $6,000 of furniture made from reclaimed wood on credit. June The company paid $1,000 cash for a 12-month prepaid insurance policy on the reclaimed furniture. Jute 4 The company billed a customer $5,000 for sustainability services provided. June 12 The company paid 16,000 cash toward the payable from the June 2 furniture purchase. June 20 The company collected $5,000 cash for services billed on June 4. June 21 1. James invested an additional $12,000 cash In Sustain Company in exchange for common stock. June 30 The company received $7,000 cash in advance of providing sustainability services to a customer. Prepare general journal entries for the above transactions 35 DORES 01 View transaction list View journal entry worksheet No Peferences Date General Journal Debit Credit 1 June 01 Cash Common stock. 3 June 03 No Transaction Recorded Mc Graw Hill < Prev 4 of 10 Next >