Question
In the first month of business, Jakmak Interior Design Company had the following transactions: Mar. 5The owner, Jackie MacKenzie, invested $10,000 cash in the business.
In the first month of business, Jakmak Interior Design Company had the following transactions:
Mar. 5The owner, Jackie MacKenzie, invested $10,000 cash in the business.
7Paid $310 cash for advertising the launch of the business.
9Purchased supplies on account for $1,180.
11Purchased a used car for $9,190 cash, for use in the business.
13Billed customers $2,410 for services performed.
25Borrowed $10,000 from the bank and signed a note payable.
26Received $1,395 cash from customers billed on March 13.
29Paid for the supplies purchased on March 9.
30Received $905 cash from a customer for services to be performed in April.
31Paid Jackie MacKenzie $1,190 cash for her personal use.
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