Question
1 Sold common stock for cash, $80,000 . 2 Paid june rent for aircraft, dockage, and dockside office, $4,250 . 3 Received invoice for the
1 Sold common stock for cash,
$80,000
.\ 2 Paid june rent for aircraft, dockage, and dockside office,
$4,250
.\ 3 Received invoice for the cost of a reception the firm gave to entertain resort owners,
$1,600
.\ 4 Paid for June advertising in various sports magazines,
$800
.\ 5 Paid insurance premium for June,
$1,800
.\ 6 Rendered fly-in services for various groups for cash,
$26,500
.\ 7 Billed the Canadian Ministry of Natural Resources for transporting mapping personnel,
$1,900
, and billed various firms for fly-in services,
$14,000
.\ 8 Paid
$1,500
on accounts payable.\ 9 Received
$13,200
on account from clients.\ 10 Paid June wages,
$21,000
.\ 11 Received invoice for the cost of fuel used during June,
$3,500
.\ 12 Paid a cash dividend,
$4,000
.
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