Journalize the transactions listed below and post to the ledger accounts. Omit explanations. Jan5 Received $60,000 from Shophia Lebron and issued 12,000 common shares of $5 par value. Jan5 Paid $6,000 of general liability and property insurance. The disbursement by Check No. 100 was for a complete year of service.
Journalize the transactions listed below and post to the ledger accounts. Omit explanations. Jan5 Received $60,000 from Shophia Lebron and issued 12,000 common shares of $5 par value. Jan5 Paid $6,000 of general liability and property insurance. The disbursement by Check No. 100 was for a complete year of service.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1, Journalize the transactions listed below and post to the ledger accounts. Omit explanations.
Jan5 Received $60,000 from Shophia Lebron and issued 12,000 common shares of $5 par value.
Jan5 Paid $6,000 of general liability and property insurance. The disbursement by Check No. 100 was for a complete year of service.
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