Use below information to prepare general journal entries for Belle Co.'s 1 through 7 transactions. 1. D. Belle created a new business and invested $5,900 cash, $6,900 of equipment, and $12,900 in web...


Use below information to prepare general journal entries for Belle Co.'s 1 through 7 transactions.<br>1. D. Belle created a new business and invested $5,900 cash, $6,900 of equipment, and $12,900 in web servers.<br>2. The company paid $6,000 cash in advance for prepaid insurance coverage.<br>3. The company purchased $800 of supplies on account.<br>4. The company paid $600 cash for selling expenses.<br>5. The company received $6,000 cash for services provided.<br>6. The company paid $800 cash toward accounts payable.<br>7. The company paid $4,000 cash for equipment.<br>View transaction list<br>Journal entry worksheet<br>A B C<br>D E F<br>G<br>Record the cash payment for purchase of equipment.<br>Note: Enter debits before credits.<br>Transaction<br>General Journal<br>Debit<br>Credit<br>7.<br>

Extracted text: Use below information to prepare general journal entries for Belle Co.'s 1 through 7 transactions. 1. D. Belle created a new business and invested $5,900 cash, $6,900 of equipment, and $12,900 in web servers. 2. The company paid $6,000 cash in advance for prepaid insurance coverage. 3. The company purchased $800 of supplies on account. 4. The company paid $600 cash for selling expenses. 5. The company received $6,000 cash for services provided. 6. The company paid $800 cash toward accounts payable. 7. The company paid $4,000 cash for equipment. View transaction list Journal entry worksheet A B C D E F G Record the cash payment for purchase of equipment. Note: Enter debits before credits. Transaction General Journal Debit Credit 7.

Jun 02, 2022
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