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Question 2 (8 points) Prepare journal entries for each of the following transactions and indicate (by V) which financial statements will be affected by
Question 2 (8 points) Prepare journal entries for each of the following transactions and indicate (by "V") which financial statements will be affected by each transaction. 1. Performed services for customers on account $6,000. 2. Purchased $20,000 of equipment on account. 3. Received $3,000 from customers in transaction 1. 4. The company paid dividends of $1,000. 2 3 4 Entry Dr Cr Retained Income Statement of Statement Earnings Statement Financial Position
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