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The following accounts transactions show the first six transactions of Avenson Insurance Company of Year 2019.Prepare a journal entry (including written explanation) for each transaction
The following accounts transactions show the first six transactions of Avenson Insurance Company of Year 2019.Prepare a journal entry (including written explanation) for each transaction (10 Points)
Cash Supplies
Nov 30 9,400
Nov 1 120,000 Nov 8 33,600
Nov 25 12,000
Nov 30. 1,400
Building Accounts Payables
Nov 8 70,000 Nov 25 12,000 Nov 8 95,000
Nov 30 8,000
Land
Notes Payables
Nov 8 58,600
Nov 21 480. Nov 15. 3,200
Furniture Capital Stock
Nov 15 3,200. Nov 21. 480 Nov 1 120,000
Instructions:
1. Prepare a journal from the above data
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