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1. Sold common stock for cash to start business. 1A. Increase in asset and increase in stockholders equity 2. Paid monthly rent. 3.Purchased equipment on
1. | Sold common stock for cash to start business. 1A. Increase in asset and increase in stockholders equity | ||||
| 2. Paid monthly rent. 3.Purchased equipment on account. 4.Billed customers for services performed. 5. Paid dividends. 6. Received cash from customers billed in (4). 7. Incurred advertising expense on account. 8.Purchased additional equipment for cash.
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