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Bok Transactions; Financial Statements On April 1, 2018, Maris Adams established Custom Realty. Maria compfsted the following transactions during the month of April 4.
Bok Transactions; Financial Statements On April 1, 2018, Maris Adams established Custom Realty. Maria compfsted the following transactions during the month of April 4. Opened a bites bank account with a deposit of $2000 in exchange for common stock b. Purchased supplies on account, $2.83 Paid creditor an account, $1,790, d. Earned salm commissions, recliving cash, $28,000. Paid rent on office and equipment for the month, $5,060 Faid dividends, 39,000 g. Paid whamobile penes for month, $2.720, and miscellaneous penses, $1,300 h. Paid office salane $3.410 Determined that the cost of supplies on hand was 6950; therefore, the cost of supplies used was $1.850 Required 1. Indicate the effect of each transaction and the balances after wach transaction. For these bares is which na entry is reducet, save the box clack reoured, enter patted values as negative number using a vous sign. -Liabilities 16 Mets Stockholders Equity Cash Supplies Accounts Payable 28,000 Common Stock 20,000 Dividends Sales Commissions Expense Salaries Auto Expensa Expense Miscellaneous Expense 2,130 1.1.1.1.1.1.1 Chuck My Wi 3,470 370 3 1.300 K
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