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Mark Harris started a sports travel business to help college students travel to out of town sporting events. He engaged in the followingactivities to establish
Mark Harris started a sports travel business to help college students travel to out of town sporting events. He engaged in the followingactivities to establish Sports to Go. 1. Deposited $ 10,500 of his own money into the business as the initial investment. 2. Purchased computer equipment on account (to be paid in 30 days) for a total cost of $ 6,400 . 3. Contacted various app developers to determine if he would hire them to create the app for his company. Prepare the entries to record the transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.Credit account titles are automatically indented when amount is entered. Do not indent manually.) Transaction Account Titles and Explanation Debit Credit 1. 2
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