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Current Attempt in Progress Grouper Corp. provides security services. Selected transactions for Grouper Corp. are presented below. Oct. 1 Issued common stock in exchange for
Current Attempt in Progress Grouper Corp. provides security services. Selected transactions for Grouper Corp. are presented below. Oct. 1 Issued common stock in exchange for $56,800 cash from investors. 2 Hired part-time security consultant. Salary will be $1,700 per month. First day of work will be October 15. 4 Paid 1 month of rent for building for $1,700. 7 Purchased equipment for $15,500, paying $3,400 cash and the balance on account. 8 Paid $1,000 for advertising 10 Received bill for equipment repair cost of $350. 12 Provided security services for event for $2,800 on account. 16 21 22 Purchased supplies for $350 on account. Paid balance due from October 7 purchase of equipment. Received and paid utility bill for $127. 24 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $4,400. estion 1 of 2 < > Cash Oct. 1 Accounts Receivable O C < > < estion 1 of 2 < > Supplies Equipment Accounts Payable th #e
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