Exercise 2-8 Preparing journal entries A1 e. During October, Alameda Company ments. The October 31 Cash balance was $18,600. De close of business on September 30. Prepare general journal entries for the following transactions of Sustain Company. June 1 T. James, owner, invested $11,000 cash in Sustain Company. 2 The company purchased $4,000 of furniture made from reclaimed wood on credit. 3 The company paid $600 cash for a 12-month prepaid insurance policy on the reclaimed furniture 4 The company billed a customer $3,000 for sustainability services provided. 12 The company paid $4,000 cash toward the payable from the June 2 furniture purchase. 20 The company collected $3,000 cash for services billed on June 4. 21 T. James invested an additional $10,000 cash in Sustain Company. und $5.000 cash in advance of providing sustainability services to a custome