Question: Prepare the journal entry for every transaction that occurred (ALL ENTRIES FOR the month of June only) 1) Recognize your June TV advertising incurred ($2,000)

Prepare the journal entry for every transaction that occurred

(ALL ENTRIES FOR the month of June only)

1) Recognize your June TV advertising incurred ($2,000) which you have not yet paid for. (June 30)

2) You made an agreement with a web-developer to have your website redesigned. The cost will be $3000 and will be completed in August, payable on completion. (June 12)

3) Received a $7,000 rent payment from tenants for May rental of one of your properties (the tenants are late in their payment) (June 4)

4) Performed $2,000 consulting services today and will prepare and send the invoice this week. (June 27)

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