The Journal entries are as follows
June 1
DR Cash 60,000
CR Capital Stock 60,000
<h3 /><h3>What is Journal Entry?</h3>
Journal entry is the debit and credit of accounts to balance the transactions and its two sided effects. This is the basic of Accounting and so have a great importance.
June 2
DR Aircraft 220000
CR Cash 40000
CR Notes Payable 180000
June 4
DR Rent expense 2500
CR Cash 2500
June 15
DR Accounts Receivable 8320
CR revenue 8320
June 15
DR Salaries Expense 5880
CR Cash 5880
June 18
DR Maintenance Expense 1890
CR Cash 1890
June 25
DR Cash 4910
CR Accounts Receivable 4910
June 30
DR Account Receivable 16450
CR Revenue 16450
June 30
DR Salaries Expense 6000
CR Cash 6000
June 30
DR Fuel Expense 2510
CR Accounts Payable 2510
June 30
DR Dividends 2000
CR Dividends Payable 2000The Journal entries are as follows
Learn more about Journal Entries at brainly.com/question/26963089
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