Journalize the following business transactions. (a) Alberto Rivera invests $9,000 cash in the business in exchange for
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(a) Alberto Rivera invests $9,000 cash in the business in exchange for shares of common stock.
(b) Insurance of $800 is paid for the year.
(c) Supplies of $2,000 are purchased on account.
(d) Cash of $7,500 is received for services rendered.
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Related Book For
Financial and managerial accounting
ISBN: 978-1118016114
1st edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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