Transactions for milton''s wings and pizza


Question:

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

 

 

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Transactions for milton''s wings and pizza
Reference No:- TGS02050766

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)