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Edco provides waitstaff and entertainers for parties. Edco prepares monthly financial statements. The following selected transactions occurred in June. First quiz act of kindness: Think

image text in transcribed Edco provides waitstaff and entertainers for parties. Edco prepares monthly financial statements. The following selected transactions occurred in June. First quiz act of kindness: Think about (1) how A=L+E, (2) Timing!!! What affects this time period? (3) Unit 2 disc. We did a ton of these. Q1.) June 2. Edco paid its employees $12,000 for May's wages. Q2.) June 2. Edco provides services for an office party. The client already paid Edco $1,500 back in April for the services. Q3.) June 8. Edco pays $20 for gasoline in the delivery van Q4.) June 20. Edco receives $670 from a customer for services that were provided in May. Q5.) June 29. Edco receives the June phone bill for $180. The bill will be paid in July. A. A B. B C. C D. D E. E F. F G. G H. H I. I J. J

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