Journalize these accounting transactions. (a) Stockholders invested $12,000 in the business in exchange for common stock. (b)

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Journalize these accounting transactions.
(a) Stockholders invested $12,000 in the business in exchange for common stock.
(b) Insurance of $800 is paid for the year.
(c) Supplies of $1,800 are purchased on account.
(d) Cash of $7,500 is received for services rendered.

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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