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CP 1-3 Transactions and financial statements incan, a junior in college, has been seeking ways to earn extra spending money As an active sports enthusiast,

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CP 1-3 Transactions and financial statements incan, a junior in college, has been seeking ways to earn extra spending money As an active sports enthusiast, Lisa plays tennis regularly at the Phoenix Tennis Club, where her family has a membership. The president of the club recently approached Lisa with the proposal that she manage the club's tennis courts. Lisa's primary duty would be to supervise the operation of the club's four indoor and 10 outdoor courts, including court reservations. In return for her services, the club would pay Lisa $325 per week, plus Lisa could keep whatever she earned from lessons. The club and Lisa agreed to a one-month trial, after which both college career. On this basis, Lisa organized Serve-N-Volley. During September 2016, Lisa managed the tennis courts and entered into the following transactions: would consider an arrangement for the remaining two years of Lisa 's a. Opened a business account by depositing $950. b. Paid $300 for tennis supplies (practice tennis balls, etc.). th Paid $275 for the rental of video equipment to be used in offering lessons during September

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