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Prepare the journal entries to record the following transactions for ABC Printers in June 2021. Dates and narrations are required. 1 June The owner made
Prepare the journal entries to record the following transactions for ABC Printers in June 2021. Dates and narrations are required. 1 June The owner made the following contributions to start the business: $200,000 cash and a vehicle valued at $60,000. 5 June The business purchased new Equipment for $10,000. A deposit of $3,000 was paid in cash and the remainder on credit. 8 June Collected cash $15,000 for printing services performed for clients. 12 June Paid 3 months' rent of $18,000 in advance. 16 June The business paid the office assistant's wages of $6,000. 20 June Paid $2,000 interest on the bank loan. 25 June Received $3,200 from customers for services to be provided in July. If you accidentally delete the answer template, you may undo the deletion using "Ctrl + Z" (for Windows) or "Command + Z" (for Mac). If that does not work, please click on this link Answer Template. You may copy and paste the answer template to the answer box 1 A BU I FE UN III Date Account Debit
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