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Jan. 1 Monson contributed $77,000 cash to the business, Tony Monson, Attorney. The business issued common stock to Monson. Jan. 3 Purchased office supplies, $500,
Jan. 1 | Monson contributed $77,000 cash to the business, Tony Monson, Attorney. The business issued common stock to Monson. |
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Jan. 3 | Purchased office supplies, $500, and furniture, $1,400, on account. |
Jan. 4 | Performed legal services for a client and received $900 cash. |
Jan. 7 | Purchased a building with a market value of $75,000, and land with a market value of $23,000. The business paid $70,000 cash and signed a note payable to the bank for the remaining amount. |
Jan. 11 | Prepared legal documents for a client on account, $1,000. |
Jan. 15 | Paid assistant's semimonthly salary, $1,210. |
Jan. 16 | Paid for the office supplies purchased on January 3 on account. |
Jan. 18 | Received $2,400 cash for helping a client sell real estate. |
Jan. 19 | Defended a client in court and billed the client for $1,400. |
Jan. 25 | Received a bill for utilities, $500. The bill will be paid next month. |
Jan. 29 | Received cash on account, $1,600. |
Jan. 30 | Paid $1,440 cash for a 12-month insurance policy starting on February 1. |
Jan. 30 | Paid assistant's semimonthly salary, $1,210. |
Jan. 31 | Paid monthly rent expense, $1,500. |
Jan. 31 | Paid cash dividends of $2,800. |
Make the journal transactions. Im stuck on the Jan 16.
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