Transactions for the George Lynch Company for the month of June are presented below. Identify the accounts
Question:
June 1 George Lynch invests $5,000 cash in a small welding business of which he is the sole proprietor.
2 Purchases equipment on account for $2,100.
3 $800 cash is paid to landlord for June rent.
12 Sends a bill to M. Rodero for $300 for welding work performed on account.
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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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