prepare a journal entry for each tranaction. The owner of J. Cruz invest 11,000 cash and $8,000 of equipment in the company. The company aquires $6,500 of supplies by paying $1,400 cash putting $5, 100 on credit (accounts payable)
prepare a journal entry for each tranaction. The owner of J. Cruz invest 11,000 cash and $8,000 of equipment in the company. The company aquires $6,500 of supplies by paying $1,400 cash putting $5, 100 on credit (accounts payable)
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter19: Accounting For Plant Assets, Depreciation, And Intangible Assets
Section: Chapter Questions
Problem 6AP
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![prepare a journal entry for each tranaction. The owner of J. Cruz invest 11,000 cash and
$8,000 of equipment in the company. The company aquires $6,500 of supplies by
paying $1,400 cash putting $5, 100 on credit (accounts payable)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc920b97c-87aa-46c0-8bc0-31ebf3a1b2d8%2F106e4ba8-c337-4bb8-afb2-feec8b5871e4%2Fkg9ydz_processed.png&w=3840&q=75)
Transcribed Image Text:prepare a journal entry for each tranaction. The owner of J. Cruz invest 11,000 cash and
$8,000 of equipment in the company. The company aquires $6,500 of supplies by
paying $1,400 cash putting $5, 100 on credit (accounts payable)
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