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Current Attempt in Progress Selected transactions for Flint, an interior decorator corporation, in its first month of business, are as follows. 1. Issued stock

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Current Attempt in Progress Selected transactions for Flint, an interior decorator corporation, in its first month of business, are as follows. 1. Issued stock to investors for $16,400 in cash. 2. Purchased used car for $10,100 cash for use in business. 3. Purchased supplies on account for $350. 4. Billed customers $3,700 for services performed. 5. Paid $150 cash for advertising at the start of the business. 6. Received $1,510 cash from customers billed in transaction (4). 7. Paid creditor $390 cash on account. 8. Paid dividends of $370 cash to stockholders.

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