Question: Check my work 9 Jessica Pothier opened FunFlatables on June 1. The company rents out moon walks and inflatable slides for parties and corporate events.
Check my work 9 Jessica Pothier opened FunFlatables on June 1. The company rents out moon walks and inflatable slides for parties and corporate events. The company also has obtained the use of an abandoned ice rink located in a local shopping mall, where its rental products are displayed and available for casual hourly rental by mali patrons. The following transactions occurred during the first month of operations 2.8 points Print References a. Jessica contributed $55,000 cash to the company on June 1 in exchange for its common stock b. Purchased inflatable rides and inflation equipment on June 2. paying $31.950 cash. c Received $6,550 cash from casual hourly rentals at the mall on June 3. d. Rented rides and equipment to customers for $12,050 Received cash of $3,000 on June 4 and the rest is due from customers e Received $2750 from a large corporate customer on June 5 as a deposit on a party booking for July 4. 1. Began to prepare for the July 4 party by purchasing and receiving various party supplies on June 6 on account for $660. g. On June 7 paid $7.850 in cash for renting the mall space this month n. On June 8. prepaid next month's mall space rental charge of $7.850. Received $1,350 on June 9 from customers on accounts receivable. Pald $2,240 for running a television ad on June 10. k. Pald $4,550 in wages to employees on June 30 for work done during the month. General General Requirement Analysis Journal Ledger Tral Balance Prepare the journal entries to record the transactions (a) through (k), (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field.) View transaction ist ma 0
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