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(Solved): i need help with my balance sheet and closing entries - June 1: Owner contributed $50,000 in ...



i need help with my balance sheet and closing entries

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- June 1: Owner contributed in cash to the business. - June 1: Owner purchased a company vehicle in the amount of . - June 3: Owner took out a small business loan in the amount of . - June 5: Owner paid rent for June, and prepaid office rent for a 6-month period to cover July through December at per month. - June 5: Owner paid business license fees in the amount of to the county. - June 5: Owner ordered office supplies, on account, in the amount of . - June 6: Owner performed service for client on account in the amount of . - June 9: Owner provided service for client in the amount of . Customer paid at time of service. Client will be billed for the balance due. - June 10: Owner paid in advertising costs to the local paper. - June 15: Owner recorded wages due to the part-time employee in the amount of . This will be paid on June 20 . - June 15: Owner prepaid business insurance to cover July through December at the rate of per month. - June 20: Owner paid wages due to part-time employee from period ending June 15. - June 21: Owner paid for plumbing repairs in the office in the amount of . - June 22: Owner withdrew cash for personal use. - June 2Z: Customer paid balance due from June 6 service in the amount of . - June 25: Owner provided service to client in the amount of . Client paid at time of service. - June 28: Owner paid balance due for office supplies purchase on June 5 .


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