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Coronado Security Company provides security services. Selected transactions for Coronado are as follows. Oct. 1 Invested $65,000 cash in the business. 2 Hired part-time
Coronado Security Company provides security services. Selected transactions for Coronado are as follows. Oct. 1 Invested $65,000 cash in the business. 2 Hired part-time security consultant. Salary will be $3,000 per month. First day of work will be October 15. 4 Paid one month of rent for building for $3,000. 7 Purchased equipment for $16,000, paying $4,000 cash and the balance on account. 8 Paid $400 for advertising. 10 12 Received bill for equipment repair cost of $370. 12 Provided security services for event for $3,300 on account. 16 Purchased supplies for $410 on account. 21 Paid balance due from October 7 purchase of equipment. 24 Received and paid utility bill for $148. 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $5,300.
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