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> Decision Case 2-1 Your friend, Dean McChesney, requested that you advise him on the effects that have on his business, A-Plus Travel Planners. Time
> Decision Case 2-1 Your friend, Dean McChesney, requested that you advise him on the effects that have on his business, A-Plus Travel Planners. Time is short, ust analyze the transactions certain transactions will so you cannot journalize the transactions. Instead, you m wit thout a journal. McChesney will continue the business only if he can expect to earn a monthly net income of $6,000. The business completed the following transacu during June: cChesney deposited $10,000 cash in a business bank account to start the company The company issued common stock to McChesney b. Paid $300 cash for office supplies. c. Incurred advertising expense on account, $700. d. Paid the following cash expenses: administrative assistant's salary, $1,400; office rent, $1,000. e. Earned service revenue on account, $8,800. f Collected cash from customers on account, $1,200. Collected cash from customers on account, $1,20
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