Mathematics, 12.09.2021 22:40 sindy35111
June 1 Stockholders invested $25,000 cash in the business in exchange for common stock.
2 Purchased a used van for deliveries for $14,100. Nancy paid $3,000 cash and signed a note payable for the remaining balance.
3 Paid $700 for office rent for the month.
5 Performed $4,800 of services on account.
9 Declared and paid $400 in cash dividends.
12 Purchased supplies for $200 on account.
15 Received a cash payment of $1,200 for services performed on June 5.
17 Purchased gasoline for $100 on account.
20 Received $1,600 cash for services performed.
23 Made a cash payment of $400 on the note payable.
26 Paid $350 for utilities.
29 Paid for the gasoline purchased on account on June 17.
30 Paid $1,530 for employee salaries.
Answers: 2
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June 1 Stockholders invested $25,000 cash in the business in exchange for common stock.
2 Purchase...
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