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Journalize the following transactions: 2005 Jan. 1 John started business with cash - $80,000 Jan....

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Accounting

Journalize the following transactions:

2005

Jan. 1 John started business with cash - $80,000 Jan. 6 Purchased goods from Dam on credit - $30,000 Jan. 8 Sold goods on cash - $ 6,500 Jan. 15 Bought Furniture from Tan for cash - $8,000 Jan. 18 Paid Salary to manager - $6,500 Jan. 20 Paid Rent to land lord in cash - $1,000

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