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nalyzing Transactions PR 2-2A Journal entries and trial balance OBJ. 1, 2,3,4 On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following
nalyzing Transactions PR 2-2A Journal entries and trial balance OBJ. 1, 2,3,4 On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: a. Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $40,000. b. Paid rent on office and equipment for the month, $6,000. c. Purchased supplies on account, $3,200 d. Paid creditor on account, $1,750. e. Earned fees, receiving cash, $18,250. f. Paid automobile expenses (including rental charge) for month, $1,880, and laneous expenses, $420. g. Paid office salaries, $5,000. h. Determined that the cost of supplies used was $1,400. i. Withdrew cash for personal use, $2,000. Instructions titles
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