Question: Using T accounts, post the journal entries in BE3-6 to the general ledger. BE3-6 June 1 Issued common shares to shareholders in exchange for $2,500
Using T accounts, post the journal entries in BE3-6 to the general ledger.
BE3-6
June 1 Issued common shares to shareholders in exchange for $2,500 cash.
2 Purchased supplies on account for $250.
12 Billed J. Kronsnoble $300 for welding work done.
22 Received cash from J. Kronsnoble for work billed on June 12.
25 Hired an employee to start work on July 2.
28 Received cash of $200 from K. Jones as a deposit for welding work to be done in July.
29 Paid for supplies purchased on June 2.
30 Paid $100 for income tax.
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Cash June 1 2500 June 22 300 June 28 200 June 29 250 June 30 ... View full answer
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