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prepare journal entries for the attached transaction on the general journal form. Ramandeep Kaur started a moving company and completed the following activities during June
prepare journal entries for the attached transaction on the general journal form.
Ramandeep Kaur started a moving company and completed the following activities during June 2021, the first month of operations: June 1 June 4 June 5 June 10 June 15 June 18 June 25 June 29 Ramandeep invested $15,000 cash and equipment with a fair value of $40,000 in the business. Paid $2,000 for this month's rent. Purchased supplies totaling $1,200 to be paid for within 30 days. Purchased a truck for the business on credit for $58,000 by signing a note payable. Completed $3,200 in services for a client, which was immediately collected. Paid $2,400 for the annual premium on an insurance policy. Paid for the supplies purchased on June 5th. Received the June telephone bill in the amount of $120 which is due in 10 days. Ramandeep withdrew $2,000 cash from the business for personal use. June 30 REQUIRED: Prepare the journal entries for the above transactions on the general journal form provided below
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