Give the correct journal entry for the following.
June 1 – Invested 500,000 in bank for Liwanag Company.
June 2 – Paid office space 2 months advance worth 10,000 through Check
number 001.
June 3 – Withdraw 100,000 intended for business operations funds.
June 4 – Purchase office supplies with the amount of 5,000.
June 5 – Purchase 100 ring lights on account with the amount of 50,000.
June 7 – Sold 20 ring lights with the price of 900each.
June 9 – Sold 30 ring lights on account.
June 12 – Collected 9,000 from account of customer.
June 29 – Received utility bill worth 10,000.
June 30 – Paid salaries of employees worth 10,000.
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