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PartlI (16 points) Cersei, Jamie, and Tyrion organized these three owners invested $100.000 cash in the business and received shar transactions of LHC, Inc. that
PartlI (16 points) Cersei, Jamie, and Tyrion organized these three owners invested $100.000 cash in the business and received shar transactions of LHC, Inc. that were completed during the month of Jantuar Lannister Holding Company, Ine. (L1IC, Ine ) on January 1, 201S. Each of es of stock. Below are selected Jan. 02 Jan. 15 LHC, Inc. iss i s, the, purchased equipment costing $80,000, providing a $10,000 down payment issued stock to Cersei, Jamie, and Tyrion in exchange for their cash investment LHC, Inc. and signing a two-year note payable, bearing 8% annual interest for the balance. n 20 LHC, Inc, paid $10,000 of the balance owed on the equipment. Inc. received a $24.n LHC, Inc. declared and paid a $2,000 cash dividend. qiment. Jan. 25 Jan. 30 Required: C, Inc. received a $24,000 advance for services to be performed n LHC's in proper form, o Provide the necessary journal entries for the selected transactions,Pie b . Please skip a line transactions- books for January, 2018. No explanations are needed General Journal Credit Debit Date Account Title
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