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Transactions for the Oleg Thorn Company for the month of June are presented as follows. June 1 2 Oleg Thorn invests $5,000 cash in a

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Transactions for the Oleg Thorn Company for the month of June are presented as follows. June 1 2 Oleg Thorn invests $5,000 cash in a small welding business of which he is the sole proprietor, Purchases equipment on account for $3,600. $800 cash is paid to landlord for June rent. Sends a bill to K. Johnsen for $400 after completing welding work done on account. 3 12 Identify the accounts to be debited and credited for each transaction. Account Debited Account Credited June 1 2 3 12

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