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this is accounting. Plz solve some these questions! EB EB F X, X' M6 X fx 01 Jun Issue common stock in exchange for cash
this is accounting. Plz solve some these questions!
EB EB F X, X' M6 X fx 01 Jun Issue common stock in exchange for cash of s120,000. 2 02-Jun obtain a loan of s30,000 from the bank by signing a note. 3L 07-Jun Purchase car wash equipment for $75,000 cash A 08 Jun Receive $4,000 cash from customers for work to be performed next month 5 10-Jun A utility bill of s1300 for the current month is paid 12Jun wash 800 cars for $10 each, all on account, no customers have paid cash yet. 7 19-Jun Pay for 6 months of advertising in advance costing si 200. 8 23-Jun Purchase cleaning supplies of S3000 on account. 9 30 Jun Receive $6,000 payment from customers accounts receivable. 10 30-Jun Pay dividends of $600 to stockholders 12 DATE ACCOUNT DEBIT CREDIT 13 June 1st Cash $120,000 Common Stock $120,000 complete a journal entry for each transaction Then explain if the transaction has increased or decreased, assets, liabilities and equity Assets abilitie t. Equity Increase ncrease
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