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pls answer Question 6. In June, 2023, L&M Children's Boutique, Inc. was established in Lafayette, Louisiana, to provide seamstress services and designer clothing for infants
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Question 6. In June, 2023, L\&M Children's Boutique, Inc. was established in Lafayette, Louisiana, to provide seamstress services and designer clothing for infants and children in the Acadiana area. Bubbles Breaux and Anastasia Lee are the major stockholders in this corporation. Use the following data to prepare the journal entries for the following transactions that occurred during the month of June. June 13Stockholders(Bubbles8Anastasia)invested$90,000cashinthebusiness.Purchasedshelvesandcashregisterfor$25,000;paid$6,000downandsigneda1vear Purchased shelves and note for the balance. Hired Trixie Keves as a salesperson. Purchased supplies for $1,300 on account. Provided $1,000 of services on account. Collected $600 from the transaction on June 17 . Paid $6,000 for a one-vear insurance policy. Paid $800 for utilities used during the month. Paid receptionist $1,500 for June Step by Step Solution
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