ournalize the transactions for the sheet June 1 Samantha Miller opened Miller Real Estate Agency with an investment of $13,220 cash and $2,850 of equipment. 2 Paid $1,260 for a one-year insurance policy. 3 Purchased additional equipment for $4,520, paying $760 cash and signing a note payable for the balance. 10

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Journalize the transactions for the sheet

June 1
Samantha Miller opened Miller Real Estate Agency with an investment of $13,220 cash and $2,850 of equipment.
2
Paid $1,260 for a one-year insurance policy.
3
Purchased additional equipment for $4,520, paying $760 cash and signing a note payable for the balance.
10
Received $355 cash as a fee for renting an apartment.
16
Sold a house and lot for B. Wilson. The cormmission due from Wilson is $7,330. {It is not paid by Wilson at this time.)
27
Paid $750 for advertising to run during June.
29
Received an $80 bill for telephone service during the month of June. (The bill is paid in July)
30
Paid an administrative assistant $2,390 in salary for June.
30
Received $7,330 cash from B. Wilson for the June 16 transaction.

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