Find Journal entries 1, Company buys $3000 of supplies on account. 2, Company paid $1200 for...

Find Journal entries

1, Company buys $3000 of supplies on account.

2, Company paid $1200 for supplies bought on account #1 .

3, Company paid $5000 for work to be done next year.

4, Company perform service for customer for $2000 and bill on account.

5, Company perform service for a customer for $12000. the customer paid $6000 cash and the remaining is on account.

6, Company buys Equipment for $15000 and pays $5000 cash and the remaining is a Note payable.

7, Company paid Dividents of $1000.

8, Company perform service in return for $750 cash.

9, Company pays $1200 for a year of insurance.

10, Company borrows $40,000 from the bank in return for a note.

Expert Solution

The answer has been presented in the supporting sheet. All the parts has been solved with detailed explanation and format . For detailed answer refer to the supporting sheet.

ekkarill92 answered 2 years ago

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