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Jun. 3 Stewart deposited a cheque for $48,000 into the business bank account to start the business. 4 Purchased supplies, $380, and furniture, $3,000, on
Jun. 3 Stewart deposited a cheque for $48,000 into the business bank account to start the business. 4 Purchased supplies, $380, and furniture, $3,000, on account. 5 Paid June rent expense, $750 cash. 6 Performed design services for a client and received $2,800 cash. 7 Paid $32,000 cash to acquire land for a future office site. 10 Designed a bathroom for a client, billed the client, and received her promise to pay the $3,200 within one week. 14 Paid for the furniture purchased June 4 on account. 15 Paid assistant's salary, $570 cash. 17 Received cash on account $2,300. 22 Received $3,300 cash from a client for renovation of a cottage. 25 Prepared a recreation room design for a client on account, $1,400. 30 Paid assistant's salary, $570 cash. 30 Stewart withdrew $2,800 cash for personal use. June 4. Purchased supplies, $380, and furniture, $3,000, on account. Make a compound entry. lune 14. Paid for the furniture purchased June 4 on account. Recall that the purchase price was $3,00
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