76 Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $60,000 cash along with office equipment valued at $25,000 in a new sole propri- etorship named HV Consulting. b. The company purchased land valued at $40,000 and a building valued at $160,000. The purchase is paid with $30,000 cash and a long-term note payable for $170,000. c. The company purchased $2,000 of office supplies on credit. [continued on next page] Chapter 2 Analyzing and Recording Transactions Problem 2-4A Recording transactions; posting to ledger; preparing a trial balance C3 A1 P1 P2 [continued from previous page] d. Venedict invested her personal automobile in the company. The automobile has a value of $16,500 and is to be used exclusively in the business. e. The company purchased $5,600 of additional office equipment on credit. f. The company paid $1,800 cash salary to an assistant. g. The company provided services to a client and collected $8,000 cash. h. The company paid $635 cash for this month's utilities. 1. The company paid $2,000 cash to settle the account payable created in transaction c. j. The company purchased $20,300 of new office equipment by paying $20,300 cash. k. The company completed $6,250 of services for a client, who must pay within 30 days. I. The company paid $1,800 cash salary to an assistant. m. The company received $4,000 cash in partial payment on the receivable created in transaction k. n. Venedict withdrew $2,800 cash from the company for personal use.

Business transactions completed by Hannah Venedict during the moath of September are as follows. a. Venedict invested $60,000 cash along with office equipment valued at $25,000 in a new sole proprietorship named HV Coasulting. b. The company purchased land valued at $40,000 and a building valued at $160,000. The purchase is paid with $30,000 cash and a long-term note payable for $170,000. c. The company parchased $2,000 of office supplies on credit. [coceinued oa neat pasel] Probinm 2-9A Recording transactions: posting to ledger, preparing o trial bolance C3 A1 P1 P2 76 Chapter 2 Anabying ond Recording Transactions [contionod froes previoea page] d. Venedict invested ber personal automobilo in the company. The automobile has a value of $16,500 and is to be used exclusively in the business. e. The company purchased $5,600 of additional office equipment oa credit. f. The company paid $1,800 cash salary to an assistant. 9. The company provided services to a client and collected $8,000cash. h. The company paid $635 cesh for this month's utilities. L. The company paid $2,000 cash to settle the account payable created in transaction c. 1. The company purchased $20,300 of new office equipment by paying $20,300 cash. k. The company completed $6,250 of services for a client, who must pay within 30 days. t. The company paid $1,800 cash salary to an assistant. m. The company received $4,000 cash in partial payment on the receivable created in transaction k. n. Venedict withdrew $2,800 cash from the company for personal use