Journalize the following business transactions. a. Alberto Rivera invests 7,000 cash in the business in exchange for
Question:
Journalize the following business transactions.
a. Alberto Rivera invests €7,000 cash in the business in exchange for ordinary shares.
b. Insurance of €800 is paid for the year.
c. Supplies of €2,000 are purchased on account.
d. Cash of €8,500 is received for services performed.
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a Cash 7000 Share Capital x Ordinary 7000 Invested ...View the full answer
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Related Book For 
Financial Accounting with International Financial Reporting Standards
ISBN: 978-1119504306
4th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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