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Mailin Moon is a freelance writer who submits articles to various magazines and newspapers. She operates out of a small office where she employs
Mailin Moon is a freelance writer who submits articles to various magazines and newspapers. She operates out of a small office where she employs one administrative assistant. The following activities occurred during March 2023, her first month of business: a. Moon invested $2,900 worth of equipment into her business along with $3,400 cash. b. Submitted a series of articles to The Globe and Mail and received $6,900 cash. c. Purchased supplies on credit; $800. d. Paid the part-time administrative assistant's salary of $1,490. e. Moon ordered $3,400 of office equipment from the IKEA catalogue. It is scheduled to arrive in April or May. f. Paid the rent for the first month; $1,800. a Submitted an article to Report on Business will receive $4.900 next month
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