Transactions for Milton’s Wings and Pizza for the month of June are presented below. Identify the accounts to be debited and credited for each transaction, and journalize the transactions.
|
June 1 |
Milton Wolfe invests $20,000 cash in exchange for shares of common stock in a small printing corporation |
|
2 |
Buys equipment on account for $8,600 |
|
3 |
Pays $1,200 to landlord for June rent |
|
12 |
$890 for 12 Bills B. J. Chang a pizza party |