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Doodles Inc. engaged in the following transactions in 2015. Jan 1 The ovmer invested $?0,000 into the company in exchange for 5,000 shares of nopar

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Doodles Inc. engaged in the following transactions in 2015. Jan 1 The ovmer invested $?0,000 into the company in exchange for 5,000 shares of nopar common stock. Jan 1 Purchased a computer system for $32,000. Jan 14 Purchased $1,200 of supplies on account Feb 25 Invoiced clients for services provided on account, $35,000. Mar 31 Paid rent for two years, $19,200. April 1 The company borrowed $50,000 from Bank of America. May 14 Collected $0,500 on account. June 1 Purchase a delivery van to delivery copies to customers. the van had a purchase price of $53,000, taxes on the van were $5000 and document charges of $1,500 were paid. July 31 Paid $300 on account for supplies purchased on January 14. Aug 10 Received cash for services provided. $10,200. Sept 1 Paid utilities of$4,000. Oct 1 Received $30,000 in advance for services to be provided in the future. Nov 15 Paid for an ad in the local newspaper. $1.500. Nov 2? Processed employee payroll and employer taxes, gross earnings was $4,000. Nov 30 Paid the employee salaries. taxes are not due until January. Dec 15 The company declared and paid $5,000 in dividends. Dec 30 Invoiced clients for services performed totaling $9,000. Dec 2? Processed employee payroll and employer taxes, gross earnings was $4,000. Dec 30 Paid the employee salaries, taxes are not due until January

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