Belta Company has the following transactions in February 2020 1 Feb Mandy invested $20,000 cash and $40,000

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Belta Company has the following transactions in February 2020

1 Feb Mandy invested $20,000 cash and $40,000 equipment in the company

2 Feb Paid $6,000 cash for an insurance policy for the next 2 years

8 Feb Purchased $1,000 office supplies on account

12 Feb Sold $15,000 goods to customer on credit

26 Feb Received utility bill amounting $200

Required: Prepare journal entries for the above transactions. Narrations are not required.

Related Book For answer-question

Financial Accounting Information for Decisions

ISBN: 978-1259533006

8th edition

Authors: John J. Wild

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Posted Date: Sep 06, 2023 10:41 AM

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Belta Company has the following transactions in February 2020 1 Feb Mandy invested $20,000 cash and $40,000

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Here are the journal entries for the transactions of Belta Company in February 2020 1 Feb 1 Deb... View the full answer

Financial Accounting Information for Decisions

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