Sanlucas engaged in the following transactions in June. June 4 Borrowed cash from Community Bank...
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Sanlucas engaged in the following transactions in June. June 4 Borrowed cash from Community Bank by issuing a $1,800 note payable. June 9 Collected a $1,920 account receivable from Nina Lesher. June 10 Purchased $180 of inspection supplies on account. June 17 Billed homeowners $1,980 for inspection services. The entire amount is due on July 17. June 25 Paid WLIR Radio $240 for ads to be aired on June 27. June 28 Recorded and paid $1,560 for testing expenses incurred in June. June 30 Recorded and paid June salaries of $1,320. Required: a. Record the company's June transactions in general journal form. b. Post each entry to the appropriate ledger accounts. c. Prepare a trial balance dated June 30 , current year. d. Has the company paid all of the dividends that it has declared
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Sanlucas engaged in the following transactions in June. June 4 Borrowed cash from Community Bank by issuing a $1,800 note payable. June 9 Collected a $1,920 account receivable from Nina Lesher. June 10 Purchased $180 of inspection supplies on account. June 17 Billed homeowners $1,980 for inspection services. The entire amount is due on July 17. June 25 Paid WLIR Radio $240 for ads to be aired on June 27. June 28 Recorded and paid $1,560 for testing expenses incurred in June. June 30 Recorded and paid June salaries of $1,320. Required: a. Record the company's June transactions in general journal form. b. Post each entry to the appropriate ledger accounts. c. Prepare a trial balance dated June 30 , current year. d. Has the company paid all of the dividends that it has declared 
