Prepare journal entries for the following transactions that occurred during July: 201X July 1 Jodi Wills invested $90,000 cash and $11,000 of equipment into her new business. 3 Purchased building for $120,000 on account. 12 Purchased a truck from Liberty Co. for $9,000 cash. 18 Bought supplies from McVey Co. on account, $800.
Prepare journal entries for the following transactions that occurred during July:
201X
July 1 Jodi Wills invested $90,000 cash and $11,000 of equipment into her new business.
3 Purchased building for $120,000 on account.
12 Purchased a truck from Liberty Co. for $9,000 cash.
18 Bought supplies from McVey Co. on account, $800.
201X
July 1 Jodi Wills invested $90,000 cash and $11,000 of equipment into her new business.
3 Purchased building for $120,000 on account.
12 Purchased a truck from Liberty Co. for $9,000 cash.
18 Bought supplies from McVey Co. on account, $800.
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Date Account Titles and Description PR Dr. Cr. 201X July 1 Cash 90 0 0 0 0…View the full answer
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