Question: 3rd Request..... Please can you help me journalize these journal entries ...... i need ASAP There are no drop downs answer for this question oumalize

3rd Request..... Please can you help me journalize these journal entries ...... i need ASAP
3rd Request..... Please can you help me journalize these journal entries ......
There are no drop downs answer for this question

oumalize the following transactions for Caroline Company, Inc using the Chart of Accounts above. Dmit journal entry memos. DO NOT PUT DOLLAR SIGNS. The first one has been done for you as en example. une 1 Transferred cash from a personal bank account in exchange for stock, $50,000 June 1 Sold 1,000 shares of preferred stock. $50 par, for $55,000. June 1 Purchased $20,000 of merchandise inventory by issuing a 180 day, 12% interest paying note. June 5 Received the Insurance bill of $2,000. Payment is not due until June 30. June 7 Sold Merchandise for cash, $5,000. The costs of the goods sold was $3,000. June 15 Recorded servicing provided to the client on account, $7,500. June 20 Received payment from clients on account, $1,800. June 25 Paid employees $6,000 At the end of June, the following adjustment data were assembled: Accrued 1 month's interest on the note issued on June 1 The unadjusted trial balance indicates supplies of $5,000. The actual amount of supplies on hand is $1,000. Depreciation of the Office Equipment is $500 for the month. GENERAL JOURNAL Page Date Description Debit Credit June 1 Cash 50,000 Common Stock 50.000

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