Question: I just need the journal entries, please help ASAP During June 202X, the business completed these transactions: June 1: Received cash of $9900 and issued
During June 202X, the business completed these transactions: June 1: Received cash of $9900 and issued common shares. June 1: Bought two computers for a total of $8800 by paying $2200 down and signing a note payable for the rest. Interest of 5% to be paid with the note payable on June 1 next year. The computers are expected to last 5 years. June 5 : Performed services for a client and recelved cash of $3850. June 9: Paid \$3300 on accounts payable. June 13: Purchased supplies on account, $7150. June 20: Collected cash from a customer on account, $550. June 23. Consulted on the design of a business report, and billed the client for services rendered, $3850. June 25: Declared and paid a cash dividend of $1650. June 30: Recorded the following business expenses for the month: pald office rent, $1100; paid advertising, $1540. June 30: Accrued employee salaries. Employees work 5 days each week and are paid $2500 every Friday. The month ended on a Thureday. June 30: A phynical count revealed that $550 worth of supplies are stil on hand. Information: 1) In the past, Litte Black Dog Inc. has used the following accounts on their income statement: Revenue, Depreciaton Expense, Interest Expense. Rent Expense, Salaries Expense, Advertising Expenso, and Supplies Expense. They use the Dividends account to record dividends. Not alf accounts have been used each period
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