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ID DATE a 08/01RRDS is organized and received $50,000 from investors to b08/04 The company borrows $10,000 from the bank, issuing a note c 08/06
ID DATE a 08/01RRDS is organized and received $50,000 from investors to b08/04 The company borrows $10,000 from the bank, issuing a note c 08/06 The company spent cash of $12,000 for delivery trucks and d 08/08 Office supplies costing $600 is purchased on open account. DESCRIPTION initiate delivery service operations to the bank in return $1,900 for office equipment. e 08/10 $2,000 cash is received from customers for delivery services performed for them f 08/11 Delivery services priced at $800 are performed for RRDS credit customers who promise to pay later. g 08/14 $500 is paid for August's rent. h08/15 RRDS has elected to pay its employees $700 on the nineteenth for their services in the first half of August. i 08/16 The company pays $4,000 cash on its bank note j 08/17 $600 cash is collected from RRDS credit customers k08/19 The wages from transaction "h" are paid 08/24RRDS purchased a $2,100 used minivan by paying $700 m 08/31 An inventory shows $300 worth of supplies were used during n 08/31 Internet advertising for the month of August costing $200 is o 08/31 RRDS timely pays $700 cash for employee wages earned cash and by giving a note for the balance the month of August. paid in cash during the last half of August. (4 pts) RRDS total operating expenses is: a. $2,200 b. $1,900 C. $2,800 None of these
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