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Do this look correct? Received cash of $60,000 from investors in exchange for capital stock. b. Provided services of $16, 300 on account. c. Purchased
Do this look correct?
Received cash of $60,000 from investors in exchange for capital stock. b. Provided services of $16, 300 on account. c. Purchased supplies on account $750 d. Received cash of $11, 800 from clients for services previously billed. e. Received $6, 250 for services provided from clients who paid cash. f. Paid $600 on account for supplies that had previously been purchased (in c. above). g. Paid $3, 380 for a one-year insurance policy. h. Paid the following expenses: wages, $7, 800; utilities, $1,000; rent, $3, 750. i. Paid dividends of $2300 to stockholdersStep by Step Solution
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