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QuestIon Halp Williams & Associates, Inc., completed the following transactions during June 2018, its first month of operations: (Cick the icon to view the transactions.)

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QuestIon Halp Williams & Associates, Inc., completed the following transactions during June 2018, its first month of operations: (Cick the icon to view the transactions.) Requirement Using the steps outined in the five-step transaction analysis, joumalize the transactions of Williams & Associates, Inc. List transactions by date. Use the following accounts: Cash, Accounts receivable, Supplies, Building. Accounts payable. Common stock, Service revenue, Salaries expense, and Rent expense. 1 (Record debits first, then credits. Select the explanation on the last line of the jounal entry table.) June 1: Scld $50.000 of common stock to Kirsten Williams to start the business Journal Entry Date Debit Credit Accounts and Explanations June Choose from any list or enter any number in the input fields and then continue to the next question Previous Next -4) Ti 4 of 17 (4 complete) ollowin More Info p tran ng, Ac explar date. Use the June 1 Sold $50,000 of common stock to Kirsten Williams to start the business. 3 Purchased supplies on account, $1,000. 5 Paid cash for a building to use for storage, $39,000. irsten 6 Performed service for customers and received cash, $1,500. ourna 11 Paid on accounts payable, $750. Expl on account, $2,400. 18 Performed service for customers 24 Received cash from a customer on account, $1,200. 30 Paid the following expenses: salaries, $950, and rent, $1,600. Done Print er in the

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