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Mann Lee commenced business providing pet grooming services on 1 March 2014, by contributing equipment at $4,800, a commercial van at $23,000 and cash of
Mann Lee commenced business providing pet grooming services on 1 March 2014, by contributing equipment at $4,800, a commercial van at $23,000 and cash of $2,300. Transactions during March for Lee Grooming Services were as follows (Ignore GST): March 4 4 14 19 21 21 24 25 25 26 27 28 31 Leased premises and paid two months rent $700 in advance. Purchased office and grooming supplies worth $400, paying $100 cash and the rest on credit. Interviewed, followed by hiring a grooming assistant
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