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ACG 2021 Sec 654- Petty Homework: Homework CH2 Score: 0 of 20 pts P2-31A (similar to) 6 of 8 (4 complete) 2018 During the first
ACG 2021 Sec 654- Petty Homework: Homework CH2 Score: 0 of 20 pts P2-31A (similar to) 6 of 8 (4 complete) 2018 During the first month of operations, the business completed the following transaction Trey Madden opened a law office on January 1, Click the icon to view the transactions) Requirement 1. Record each transaction in the journal, using the following account tities Cash Accounts Receivable, Office Supplies, Prepai Jan. 1 Madden contributed $63000 cash to the business, Trey Madden. Attorney The business issued common stock to Madden Date Accounts Debit Credit operations, the business completed the following transactions More Info ccoun Madden contributed $63,000 cash to the business, Trey Madden, Attorney The business issued common stock to Madden. Jan. 1 3 Purchased office supplies, $1,200, and furniture, $1,800, on account 4 Performed legal services for a client and received $1,600 cash 7 Purchased a building with a market value of $80,000, and land with a market value of $27,000. The business paid $45,000 cash and signed a note payable to the bank for the remaining amount 11 Prepared legal documents for a client on account, $600 15 Paid assistant's semimonthly salary, $1,230 16 Paid for the office supplies purchased on January 3 on account 18 Received $3,000 cash for helping a client sell real estate 19 Defended a client in court and billed the client for $800 25 Received a bil for utilities, $550. The bill will be paid next month 29 Received cash on account, $900 30 Paid $1,080 cash for a 12-month insurance policy starting on February 1 30 Paid assistants semimontnly salary $1230 31 Paid monthly rent expense $1 100 31 Paid cash div dends of $2 600
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