Question
I need help answering all of these questions.. Emma Walter opened a dormitory locator business called Room Finders near a college campus. During the first
I need help answering all of these questions..
Emma Walter opened a dormitory locator business called Room Finders near a college campus. During the first month of operations, September 2018, Emma had the following transactions.
1) Invested $14,300 of personal funds to start the business.2) Incurred travel expenses for $1,320, which will be paid later.3) Paid $790 cash for maintenance expenses.4) Received $5,100 cash for services provided to clients.5) Paid $1,320 for the on account purchase in transaction 2.6) Paid three months of office rent in advance, in the amount of $1,500.7) Incurred $310 of utilities expenses, which will be paid next month.8) Received $1,030 cash from a customer for services to be provided in two months.9) Provided $1,260 in services for a customer who will pay later.10) Recognized one month of office rent that was prepaid.11) Emma withdrew $910 cash for personal use.12) Purchased a second-hand car worth $6,850 for business use with cash.13) Received $940 from a customer owing for the service provided earlier this month.
I need help with the revenue and the expenses, as well as the accounts payable and the notes payable.
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