Question: Use the following information to complete the table below. June Company was founded on Jan 1,2020. Journalize the following transactions (in order): Part a) 1,000

 Use the following information to complete the table below. June Company
was founded on Jan 1,2020. Journalize the following transactions (in order): Part

Use the following information to complete the table below. June Company was founded on Jan 1,2020. Journalize the following transactions (in order): Part a) 1,000 shares were issued to the founders valued at $11,000. Part b) 15,000 shares were sold for $12.50 each Part c) A cash dividend of $0.65 was declared. Part d) The cash dividends were paid. Part e) 4,000 shares were issued in exchange for land valued at $44,000. Part f) Closed the income Summary account which had a credit balance of $155,000. Use the following information to complete the table below. June Company was founded on Jan 1, 2020. Journalize the following transactions (in order): Part a) 1,000 shares were issued to the founders valued at $11,000. Part b) 15,000 shares were sold for $12.50 each Part c) A cash dividend of $0.65 was declared. Part d) The cash dividends were paid. Part e) 4,000 shares were issued in exchange for land valued at $44,000. Part f) Closed the Income Summary account which had a credit balance of $155,000

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