ed Selected transactions for The Bloom, a property management company, in its first month of business,...

Transcribed Image Text:

ed Selected transactions for The Bloom, a property management company, in its first month of business, are as follows.(CLO 2) Jan. 2 Invested $36,000 cash as share capital. 3 Purchased used Furniture for $6,000 on account from Ali to use in business. 9 Purchased supplies for $500, paid 200 cash, and the remaining on account. 16 Paid $600 cash for Dividends. Instructions: Journalize the following business transactions in the Bloom company. ed Selected transactions for The Bloom, a property management company, in its first month of business, are as follows.(CLO 2) Jan. 2 Invested $36,000 cash as share capital. 3 Purchased used Furniture for $6,000 on account from Ali to use in business. 9 Purchased supplies for $500, paid 200 cash, and the remaining on account. 16 Paid $600 cash for Dividends. Instructions: Journalize the following business transactions in the Bloom company.

Answer rating: 100% (QA)

1Jan 2 Dr cash 36000 Cr share capital account 36000 to record cash invested ... View the full answer