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Question 5 . In June, 2 0 2 4 , L&M Children's Boutique, Inc. was established in Lafayette, Louisiana, to provide seamstress services and designer

Question 5. In June, 2024, 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.
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