Transactions for Berlson Company for the month of November are presented below. Journalize each transaction and identify each transaction by number. You may omit explanations.
Transactions for Berlson Company for the month of November are presented below. Journalize each transaction and identify each transaction by number. You may omit explanations. 1. Stockholders invested additional $35,000 cash in the business. 2. Purchased land costing $18,000 in for cash. 3. Purchased equipment costing $9,000 for $4,500 cash and the remainder on credit 4. Purchased supplies on account for $800 5. Paid $3,000 for a one-year insurance policy 6. Received $2,000 cash for services performed 7.Received $4,000 for services previously performed on account 8. Paid wages to employees for $2,500 9. Paid dividends to stockholders of $400.
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