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Date 1/1 1/2 1/3 1/4 1/5 1/6 1/8 1/9 1/10 1/11 1/13 Transaction Fred contributed $5,000 to Courier Corp. (CC) in exchange for common
Date 1/1 1/2 1/3 1/4 1/5 1/6 1/8 1/9 1/10 1/11 1/13 Transaction Fred contributed $5,000 to Courier Corp. (CC) in exchange for common stock. CC purchased $100 of supplies on account. CC purchased a truck for $3,000 cash. CC delivered goods to Customer Co. and billed them $250 (performed services on account). CC paid for the supplies purchased on 1/2. CC delivered goods to Shady Co. and received $5,000. CC paid for fuel used that week of $60. CC paid out $500 dividends to its shareholders. CC paid $100 for advertising in that week's paper. CC received $1,000 for a delivery made for Illegal Co. CC received an $80 invoice from AT&T for the month's telephone service. ASSETS= LIABILITIES + SHAREHOLDER'S EQUITY Common Date Cash A/R Truck Supplies A/P Stock Revenue Expenses Dividends
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