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    cheen024's Avatar
    cheen024 Posts: 1, Reputation: 1
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    #1

    Aug 3, 2011, 06:47 AM
    Process and rules on journalizing transaction
    Invested 140 000 cash and 8 000 worth of supplies into the business
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Aug 3, 2011, 08:43 PM

    Debit Cash for 140,000
    Debit Supplies for 8,000
    Credit Owners Equity for 148,000
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