Question
1 1-Sep-20 Business owner Winston invested $45,000 cash and restaurant equipment worth $15,000 in the business 2 2-Sep-20 Paid $1,000 cash for store rent for
1 1-Sep-20 Business owner Winston invested $45,000 cash and restaurant equipment worth $15,000 in the business
2 2-Sep-20 Paid $1,000 cash for store rent for the month of September
3 3-Sep-20 Borrowed $45,000 cash form the bank and signed a $45,000, 6 month, 5% note payable
4 3-Sep-20 Purchased dish washers for $60,000 cash
5 6-Sep-20 Paid $3,600 for a one-year insurance policy
6 10-Sep-20 Received a bill for advertsing the business opening $900
7 15-Sep-20 Billed a nearby company client $1,500 for take-out services
8 20-Sep-20 Withdrew $2100 cash for personal use
9 25-Sep-20 Received $900 cash from the client billed on Sep15, 2020 . The balance of the account will be collected in Oct, 2020
10 29-Sep-20 Received $1200 cash advance from another client for catering services to be performed in Oct, 2020
11 30-Sep-20 Cash receipts for food services performed for the month were $18,600
12 30-Sep-20 Paid employee salaries of $4,800
13 30-Sep-20 Paid $600 for the amount owed from Sep10, 2020
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