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Set up a General Journal & record the following selected transactions: JANUARY 2 Purchased a 1 year insurance policy for $600 JANUARY 3 Bought $350
Set up a General Journal & record the following selected transactions:
JANUARY 2 Purchased a 1 year insurance policy for $600
JANUARY 3 Bought $350 supplies on credit JANUARY 8 Paid $200 employee wages JANUARY 12 did a $400 job for a customer on credit
JANUARY 14 paid half the amount owed for the supplies collected in full from the January 9 customer.
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