Following are the transactions of Sustain Company June1 T. James, owner, invested $19,500 cash in Sustain Company.
2 The company purchased $12,500 of furniture made from reclaimed wood on credit.
3 The company paid $2,300 cash for a 12-month insurance policy on the reclaimed furniture.
4 The company billed a customer $11,500 in fees earned from preparing a sustainability report.
12 The company paid $12,500 cash toward the payable from the June 2 furniture purchase.
20 The company collected $11,500 cash for fees billed on June 4.
21 T. James, owner, invested an additional $18,500 cash in Sustain Company.
30 The company received $13,500 cash from a client for sustainability services for the next 3 months.
Prepare general journal entries for the above transactions