June 1 2 3 5 9 12 15 17 20 23 26 29 30 Stockholders invested $11,200 cash in the business in exchange for common stock. Purchased a used van for deliveries for $14,900. Nancy paid $3,100 cash and signed a note payable for the remaining balance. Paid $500 for office rent for the month. Performed $4,900 of services on account. Declared and paid $300 in cash dividends. Purchased supplies for $100 on account. Received a cash payment of $1,200 for services performed on June 5. Purchased gasoline for $100 on account. Received $1,300 cash for services performed. Made a cash payment of $700 on the note payable. Paid $200 for utilities. Paid for the gasoline purchased on account on June 17. Paid $1,500 for employee salaries.
June 1 2 3 5 9 12 15 17 20 23 26 29 30 Stockholders invested $11,200 cash in the business in exchange for common stock. Purchased a used van for deliveries for $14,900. Nancy paid $3,100 cash and signed a note payable for the remaining balance. Paid $500 for office rent for the month. Performed $4,900 of services on account. Declared and paid $300 in cash dividends. Purchased supplies for $100 on account. Received a cash payment of $1,200 for services performed on June 5. Purchased gasoline for $100 on account. Received $1,300 cash for services performed. Made a cash payment of $700 on the note payable. Paid $200 for utilities. Paid for the gasoline purchased on account on June 17. Paid $1,500 for employee salaries.
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 5PB: Lavender Company started its business on April 1, 2019. The following are the transactions that...
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