a. Molly started out on April 1 by depositing $5,000 in a commercial checking account in exchange for common stock.

b. The company served customers and received $4,215 in cash.

c. The company borrowed $1,200 from the bank for the business by signing a promissory note.

D. The company paid $1,125 of operating expenses.

to. The company bought a new computer for $3,000 in cash to keep track of their accounts. customers from next month.

f. The company distributed $1,050 in dividends to the owner.

1.	Enter the transactions into the accounting equation.
2.	What is the total assets of the company at the end of April? 30, 2012?
3.	Do you prepare a cash flow statement for the month ending April? 30, 2012.
4.	What was the net income for the month ended April? 30, 2012?