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Jenna Jeffries started her business baking dog treats by investing cash of $1,000. During May, its first month of operations, Jenna's Barkery had revenues of
Jenna Jeffries started her business baking dog treats by investing cash of $1,000. During May, its first month of operations, Jenna's Barkery had revenues of $3,000, all of which were collected in cash. She paid her assistant $1,000 in cash and purchased $200 of supplies on account. The business paid cash dividends of $500 Assets Liab Beg. Bal. C ash 1.000 Supplies Accounts Pavable Stockholders' Equity Common Retained Earnings Stock Rev. ExD. Div. 1,000
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