Question: please answer ASAP and answer all will give thumbs up Journalize the following transactions for Nexium & Associates, Inc: a, Investors contributed $100,000 in cash
Journalize the following transactions for Nexium & Associates, Inc: a, Investors contributed $100,000 in cash for shares of stock. b. Purchased office furniture costing $75,000 by paying $20,000 cash and signing a note for the remainder. c. Bought inventory for cash, $3,500. d. Paid $12,000 to rent office space for the next 6 months. e. Nexium sells inventory that originally cost $700 for $1,100 on credit. Nexium uses the perpetual inventory system
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