Question
) Nov.1 The owner Dan Jekins invested an additional $40,000 cash in the business. Nov.3 Purchased an adjacent vacant parking lot for use as parking
) Nov.1 The owner Dan Jekins invested an additional $40,000 cash in the business.
Nov.3 Purchased an adjacent vacant parking lot for use as parking space. The price was $98,500,of which $28,500 was paid in cash while a note payable was issued for the balance.
Nov.12 Collected an accounts receivable of $4,500 from a customer Jean Krieger.
Nov.17 Acquired office equipment from tower company for $7600 cash.
Nov.21 Issued a cheque for $764 in full payment of an account payable to Hampton Supply Co.
Nov.28 Borrowed $ 25,000 cash from bank by signing a 90-day note payable.
Required: Prepare General Journal Entries for above business.
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