10 1 Journalize the following transactions for Bigelow Company for the month of October. 31 Oct...

 

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10 1 Journalize the following transactions for Bigelow Company for the month of October. 31 Oct Stockholders invest cash in the company in exchange for common stock. 5 Oct The company buys a delivery van costing S 26 28 The amount of the down payment for the van is The company signed a note payable for the balance Oct The company bills customers for services performed so far this month. Oct The company makes the first payment on the note payable Oct The company receives payment from some of the customers who were billed on October 6 $ 40,000 $ 25,000 $5,000 $20,000 $3,000 $1,000 $2,000 10 1 Journalize the following transactions for Bigelow Company for the month of October. 31 Oct Stockholders invest cash in the company in exchange for common stock. 5 Oct The company buys a delivery van costing S 26 28 The amount of the down payment for the van is The company signed a note payable for the balance Oct The company bills customers for services performed so far this month. Oct The company makes the first payment on the note payable Oct The company receives payment from some of the customers who were billed on October 6 $ 40,000 $ 25,000 $5,000 $20,000 $3,000 $1,000 $2,000

Answer rating: 100% (QA)

Date Particular Dr Cr Oct 1 Dr Cash Account Cr Investment Account 40000 40000 Investment in ex... View the full answer