Question

Camden County College * Ch 2. Homework acture.com/courses/630/assignments/70121?module_item_id=168554 Synced to Gradebook Wed, Feb 5, 2020,9.00:36 PM (America/New York-05:00) Question 3 View Policies Current Attempt in Progress Transactions for the Swifty Company, which provides welding services, for the month of June are presented below. June 1 Swifty invests $4.250 cash in exchange for shares of common stock in a small welding business. 2 Purchases equipment on account for $350. 3 $830 cash is paid to landlord for June rent 12 Bills P. Leonard $410 after completing welding work done on account. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent man the problem. If no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit

Answer 1

Answer: Journalize the transaclions 5 ☺ Date credia (1) Debitis $4250 Tunea Account Titles and explanation / Cash common stock L $4,250 June 2 $350 equipment Accounts payable $350 www $830 June 3 _Rent Expense.com cash 830 June la accounts Receivable $ 410 Service Revenue $um