The following transactions for Juan More Taco Inc. (JMT) occurred in the month of May. Prepare journal
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May Owners invest $12,000 cash in exchange for common shares of JMT Inc., 3 13 21 a small chain of fast food outlets Buy ovens and computers on account for $4,500. Pay $800 to landlord for May rent. Bill $750 to Sub's Away for a staff function, for which JMT provided food and beverages
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May 1 Cash 12000 Common Shares 12000 3 ...View the full answer
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Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
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