Journalize the following business transactions. a. Wes Lee invests $7,000 cash in the business. b. Insurance of
Question:
Journalize the following business transactions.
a. Wes Lee invests $7,000 cash in the business.
b. Insurance of $800 is paid for the year.
c. Supplies of $2,000 are purchased on account.
d. Cash of $8,500 is received for services performed.
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a Cash 7000 Owners Capital 7000 Invested cash in the business b Prepaid Insurance 800 C...View the full answer
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Related Book For
Accounting Principles
ISBN: 978-1119411482
13th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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