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Prepare in proper form journal entries for the following transactions. Omit explanations.

Prepare in proper form journal entries for the following transactions. Omit explanations.

Prepare in proper form journal entries for the following transactions. Omit explanations.

October

2 Owner made a cash investment into the company $6,000

8 Bought supplies on account $100.

10 Paid salaries, $700

15 Paid for supplies purchased on October 8

21Received company telephone bill, to be paid later, $50

 

88) Journalize, in proper form, the following transactions that occurred during September. Omit explanations.

September

5 Michele invested $23,000 cash and $10,000 of equipment into her new business

10 Paid three months' rent in advance, $2,400

23Withdrew $400 from the business

24Billed client for services rendered, $17,000

 

89) Cooper Company began business in June. Prepare the following transactions for June. Omit explanations.

June

2 Cooper invested $3,000 cash and $1,000 equipment into her new business

12Billed customer for services performed, $500

16Purchased equipment on account, $200

20 Received one-half amount due from June 12

25Cooper withdrew cash for personal use, $100.

Tripti 06-Dec-2019

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