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Each owner equally contributed 120,000 to Maitham Co. in exchange for common stock Paid cash of 20,000 for land Purchased supplies for 3,000 on account
Each owner equally contributed 120,000 to Maitham Co. in exchange for common stock Paid cash of 20,000 for land Purchased supplies for 3,000 on account Performed Provide programming and collected cash of 3,000 Performed providing telecommunication for 2,000 and the client will pay the company later Paid cash of 4,000 for salaries expense Paid cash of 3000 for the office supplies purchased on account on Jan. 3 Collected cash of 2000 from the client in Jan. 10 Cash dividend was paid at 2,000 Received a phone bill for 200 and will pay this next month A client engages your company to provide cleaning services and aggress to pay 450 in advance Prepaid 12 months' rent of 3,000. please prepare general journal and financial statement
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