Journalize Transactions Four transactions that occurred during June are listed below. a. June 1: Isued common stock to several investors for $68,000. b. June 8: Purchased equipment for $12,300 cash. c. June 15: Made cash sales of $21,400 to customers. d. June 29: Paid a $6,800 dividend to stockholders. Required: Prepare journal entries for the transactions. June 1 (Record issuance of common stock) 8. (Record purchase of equipment) 15 (Record cash sale) 29 (Ooelarad.ond.naid. dissistonde). Check My Work 3 more Check My Work 0000 00 0

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
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Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 11PB: Prepare journal entries to record the following transactions that occurred in April: A. on first day...
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Journalize Transactions
Four transactions that occurred during June are listed below.
a. June 1: Issued common stock to several investors for $68,000.
b. June 8: Purchased equipment for $12,300 cash.
c. June 15: Made cash sales of $21,400 to customers.
d. June 29: Paid a $6,800 dividend to stockholders.
Required:
Prepare journal entries for the transactions.
June 1
(Record issuance of common stock)
8.
(Record purchase of equipment)
15
(Record cash sale)
29
COnelarodand.naid.canhdisaistondel
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Transcribed Image Text:Journalize Transactions Four transactions that occurred during June are listed below. a. June 1: Issued common stock to several investors for $68,000. b. June 8: Purchased equipment for $12,300 cash. c. June 15: Made cash sales of $21,400 to customers. d. June 29: Paid a $6,800 dividend to stockholders. Required: Prepare journal entries for the transactions. June 1 (Record issuance of common stock) 8. (Record purchase of equipment) 15 (Record cash sale) 29 COnelarodand.naid.canhdisaistondel Check My Work 3 more Check My Work uses remaining All work saved. 00 00
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