Question
Domingo Company started its business on January 1, 2019. The following transactions occurred during the month of May A. The owners invested $10,000 from their
Domingo Company started its business on January 1, 2019. The following transactions occurred during the month of May A. The owners invested $10,000 from their personal account to the business account . B. Paid rent $600 with check 101 Initiated a petty cash fund 600 with check 102 D. Received $1,000 cash for services rendered E. Purchased office supplies for $158 with check 103 F. Purchased computer equipment $2,500, paid $1,350 with check 104, and will pay the remainder in 30 days G. Received $800 cash for services rendered H. Paid wages $600, check 105 Petty cash reimbursement: office supplies $256, maintenance expense $110, postage expense $77, miscellaneous expense 55Cash on hand 111Check 106 Increased petty cash by $30 , check 107 Domingo Company received the following bank statement
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