Transactions for Jayne Company for the month of June are presented below. June 1 2 3 12 Identify the accounts to be debited and credited for each transaction. June 1 June 2 June 3 Issues common stock to investors in exchange for $5,000 cash. Buys equipment on account for $1,100. Pays $740 to landlord for June rent. Sends Wil Wheaton a bill for $700 after completing welding work. June 12 Account Debited + + Account Credited

Transoctions for Iayne Company for the month of June are presented below, June 1. Issues common stock to imvestors in exchange for $5,000 cash. 2 Buys equipment on account for $1,100 3 Pays $740 to landiord for June rent. 12. Sends Wil Wheaton a bill for $700 after completing welding work. Identify the accounts to be debited and credited for each transactbon