Prepare general journal entry to record the following transactions

MCD 35 Transport, Inc. has the following accounts (among others) in its general ledger: Cash; Accounts Receivable; Prepaid Rent; Supplies; Delivery Trucks; Accounts Payable; Unearned Delivery Fees; Common Stock; Dividends; Delivery Fees Earned; Rent Expense; and Salaries Expense. Prepare general journal entries to record the following transactions: June 1 Shareholders contributed $60,000 cash and a delivery truck worth $34,000 in exchange for stock. 2 Paid $12,000 as rent for June, July, and August. 3 Purchased supplies on account, $5,600. 9 Billed customers for deliveries made, $6,200. 14 Received $2,000 cash from a customer as advance payment for deliveries scheduled throughout July. 17 Paid $3,000 on account to suppliers. 20 Collected $4,600 on account from customers. 29 Paid $1,500 cash dividends to shareholders 30 Paid salaries for June, $4,000. Upload Choose a File