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)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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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