Following are the transactions of Sustain Company. June 1 T. James, owner, invested $11,000 cash in Sustain Company.
2 The company purchased $4,000 of furniture made from reclaimed wood on credit.
3 The company paid $600 cash for a 12-month insurance policy on the reclaimed furniture.
4 The company billed a customer $3,000 in fees earned from preparing a SASB-compliant sustainability report.
12 The company paid $4,000 cash toward the payable from the June 2 furniture purchase.
20 The company collected $3,000 cash for fees billed on June 4.
21 T. James, owner, invested an additional $10,000 cash in Sustain Company.
30 The company received $5,000 cash from a client for sustainability services for the next 3 months.
Prepare general journal entries for the above transactions
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Journal entry worksheet
1 2 3 4 5 6 7 8
T. James, owner, invested $14,500 cash in Sustain Co. in exchange for its common stock.
Note: Enter debits before credits.
Date General Journal Debit Credit
June 01

For many years, kellogg's frosted flakes, a ready-to-eat breakfast cereal, was perceived as a cereal for children. tony the tiger, a cartoon character, extolled frosted flakes, and advertisements depicted children enjoying the product with tony in competitive situations. recently, in response to declining sales of frosted flakes, the cereal maker has adopted a new series of advertisements that show adults admitting that they enjoy frosted flakes, too. kellogg's is attempting to

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The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e.g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $