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Cory Neece is planning to manage and operate Eagle Caddy Service at Canyon Lake Golf and Country Club during June through August 2019, Cory will

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Cory Neece is planning to manage and operate Eagle Caddy Service at Canyon Lake Golf and Country Club during June through August 2019, Cory will rent a small maintenance shop from the country club for $500 per month and willoffer caddie services, including cart rentals to golfers. DR CR Transferred $2,000 from personal bank account to be June 1 used to operate the caddy service Pald rent expense to Canyon Lake Golf and Country Club, $500. 1 2 Pald for golf supplies (practice balls, for example), $750. 3 Arranged for the rental of 40 regular (pulling) golf carts and 20 gasoline-driven carts for $3,000 per month. Pald $600 in advance, with the remaining $2,400 due June 20. 7 Purchased supplies, including gasoline, for the golf carts on account, $1,000. Canyon Lake Golf and Country Club has agreed to allow Cory to store the gasoline in one of its fuel tanks at no cost. 15 Received cash for services from June 1-15, $5,400. 17 Paid cash to creditors on account, $1,000. 20 Paid remaining rental on golf carts, $2,400, Purchased supplies, including gasoline, on account, 22 $850. 25 Earned fees from customers on account, $1,800. 28 Pald miscellaneous expenses, $395. 30 Received cash for services from June 16-30, 54,200 30 Paid telephone and electricity (utilities) expenses, $340. 30 Paid wages of part-time employees, $850. 30 Received cash on account, $1,500. 30 Determined the amount of supplies on hand at the end of June, $675

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