FINANCIAL ACCOUNTING:TOOLS FOR BUSINESS
FINANCIAL ACCOUNTING:TOOLS FOR BUSINESS
19th Edition
ISBN: 9781119493624
Author: Kimmel
Publisher: WILEY
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Chapter 3, Problem 18Q

Journalize these accounting transactions.

  1. (a) Stockholders invested $12,000 in the business exchange for common stock.
  2. (b) Insurance of $800 is paid for the year.
  3. (c) Supplies of $1,800 are purchased on account.
  4. (d) Cash of $7,500 is received for services rendered.
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FINANCIAL ACCOUNTING:TOOLS FOR BUSINESS

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