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Owner contributed $6,000 in furniture in exchange for common stock Date Nov. 3 Accounts and Explanation Debit Bought a company truck for $9,000 by signing
Owner contributed $6,000 in furniture in exchange for common stock Date Nov. 3 Accounts and Explanation Debit Bought a company truck for $9,000 by signing a note at the bank Date Nov. 4 Accounts and Explanation Collected $7,000 cash for future services Date Nov. 5 Debit Accounts and Explanation Debit 6000 9000 7000 Credit Credit Credit 6000 9000 7000
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