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3 On January 1, 2020, Indiana Jones created a new moving company called Raiders Moving Co. His sons worked for him as drivers for the
3 On January 1, 2020, Indiana Jones created a new moving company called Raiders Moving Co. His sons worked for him as drivers for the company. These activities occurred during the company's first month: Jan. 1 Indiana Jones created the new company by investing $100,000 cash, a truck worth $200,000, and moving equipment worth $400,000 3 The company purchased $7,000 of office supplies for cash. 10 The company prepaid $11,000 for the premium on a one-year insurance policy for the truck 24 The company was paid $78,000 for moving services for the month. 28 The company paid its drivers a total of $16,500 for a month of salary. 30 The company had its truck repaired for $3,500 on credit. A 30 The owner withdrew $14,000 cash from the business for personal use Required: 17 Prise Fio Date Truck Explanation Account # Credit PR Debit 128 Balance
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