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please answer fast I have exam Question 14 (19 points) Saved Ramandeep Kaur started a moving company and completed the following activities during June 2021,
please answer fast I have exam
Question 14 (19 points) Saved Ramandeep Kaur started a moving company and completed the following activities during June 2021, the first month of operations: June 1 Ramandeep invested $15,000 cash and equipment with a fair value of $40,000 in the business June 4 Paid $2,000 for this month's rent. June 5 Purchased supplies totaling $1,200 to be paid for within 30 days. June 10 Purchased a truck for the business on credit for $58,000 by signing a note payable June 15 Completed $3,200 in services for a client, which was immediately collected June 18 Paid $2,400 for the annual premium on an insurance policy June 25 Paid for the supplies purchased on June 5th June 29 Received the June telephone bill in the amount of $120 which is due in 10 days June 30 Ramandeep withdrew $2,000 cash from the business for personal use. REQUIRED: Prepare the journal entries for the above transactions on the general journal form provided below. 11 + 20 Paragraph I B UA GENERAL JOURNAL ACCOUNT TITLES AND DEBIT CREDIT DATE EXPLANATIONStep by Step Solution
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