The transactions of Harris Company appear below. Mark Harris, owner, invested $68,000 cash in the...
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The transactions of Harris Company appear below. Mark Harris, owner, invested $68,000 cash in the company in exchange for common stock. The company received $11,000 cash for services provided to a customer. The company purchased $9,000 of equipment on credit. The company billed a customer $5,100 for services provided. The company purchased supplies for $1,350 cash. The company paid $9,000 cash to settle the payable for the equipment purchased in transaction c. The company paid a $3,000 cash dividend to the owner (sole shareholder). The company collected $1,450 cash as partial payment for the account receivable created in transaction d. The company paid $1,600 cash for the monthly rent. Required: Prepare general journal entries to record the transactions of Harris Company
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