Issued common stock in exchange for $64,700 cash from investors. 2 Hired part-time security consultant. Salary will be $2,000 per month. First day of work will be October 15. 4 Paid 1 month of rent for building for $2,000. 7 Purchased equipment for $17,600, paying $3,900 cash and the balance on account. Paid $1,600 for advertising. Received bill for equipment repair cost of $410. Provided security services for event for $3, 100 on account. Purchased supplies for $400 on account. Oct. 1 10 12 16 21 Paid balance due from October 7 purchase of equipment. Received and paid utility bill for $145. Received payment from customer for October 12 services performed. 24 27
Issued common stock in exchange for $64,700 cash from investors. 2 Hired part-time security consultant. Salary will be $2,000 per month. First day of work will be October 15. 4 Paid 1 month of rent for building for $2,000. 7 Purchased equipment for $17,600, paying $3,900 cash and the balance on account. Paid $1,600 for advertising. Received bill for equipment repair cost of $410. Provided security services for event for $3, 100 on account. Purchased supplies for $400 on account. Oct. 1 10 12 16 21 Paid balance due from October 7 purchase of equipment. Received and paid utility bill for $145. Received payment from customer for October 12 services performed. 24 27
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Issued common stock in exchange for $64,700 cash from investors.
2 Hired part-time security consultant. Salary will be $2,000 per month. First day of work will be October 15.
Paid 1 month of rent for building for $2,000.
Oct. 1
4.
Purchased equipment for $17,600, paying $3,900 cash and the balance on account.
Paid $1,600 for advertising.
Received bill for equipment repair cost of $410.
Provided security services for event for $3, 100 on account.
Purchased supplies for $400 on account.
Paid balance due from October 7 purchase of equipment.
7.
8.
10
12
16
21
Received and paid utility bill for $145.
Received payment from customer for October 12 services performed.
Paid employee salaries and wages of $5,000.
24
27
31
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