Following are the transactions of Sustain Company. June 1 T. James, owner, invested $20,500 cash...
90.2K
Verified Solution
Question
Accounting
Following are the transactions of Sustain Company. June 1 T. James, owner, invested $20,500 cash in Sustain Company in exchange for common stock. June 2 The company purchased $13,500 of furniture made from reclaimed wood on credit. June 3 The company paid $2,500 cash for a 12-month prepaid insurance policy on the reclaimed furniture. June 4 The company billed a customer $12,500 for sustainability services provided. une 12 The company paid $13,500 cash toward the payable from the June 2 furniture purchase. une 20 The company collected $12,500 cash for services billed on June 4. une 21 T. James invested an additional $19,500 cash in Sustain Company in exchange for common stock. une 30 The company received $14,500 cash in advance of providing sustainability services to a customer.
ollowing are the transactions of Sustain Company. June 1T. James, owner, invested $20,500 cash in sustain Company in exchange for common stock. June 2 The company purchased $13,500 of furniture made from reclaimed wood on credit. June 3 The company paid $2,500 cash for a 12 month prepaid insurance policy on the reclaimed furniture. June 4 The company bilied a customer $12,500 for sustainability services provided. une 12 The company paid $13,500 cash toward the payable from the June 2 furniture purchase. une 20 The company collected $12,500 cash for services billed on June 4. une 21 \%. James invested an additional $19,500 cash in sustain Company in exchange for common stock. une 30 The company received $14,500 eash in advance of providing sustainability services to a customer
Following are the transactions of Sustain Company. June 1 T. James, owner, invested $20,500 cash in Sustain Company in exchange for common stock. June 2 The company purchased $13,500 of furniture made from reclaimed wood on credit. June 3 The company paid $2,500 cash for a 12-month prepaid insurance policy on the reclaimed furniture. June 4 The company billed a customer $12,500 for sustainability services provided. une 12 The company paid $13,500 cash toward the payable from the June 2 furniture purchase. une 20 The company collected $12,500 cash for services billed on June 4. une 21 T. James invested an additional $19,500 cash in Sustain Company in exchange for common stock. une 30 The company received $14,500 cash in advance of providing sustainability services to a customer.

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.