ransactions for Pharoah Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $4,950 cash. 2 Buys equipment on account for $1,200. 3 Pays $600 to landlord for June rent. 12 Bills Wil Wheaton $730 for welding work done. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.
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Home » Business » ransactions for Pharoah Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $4,950 cash. 2 Buys equipment on account for $1,200. 3 Pays $600 to landlord for June rent.