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Nancy Brown started a delivery service, Brown Deliveries, on June 1, 2022. The following transactions occurred during the month of June. June 1 Stockholders invested

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Nancy Brown started a delivery service, Brown Deliveries, on June 1, 2022. The following transactions occurred during the month of June. June 1 Stockholders invested $8,800 cash in the business in exchange for common stock. 2 3 5 5 9 12 15 Purchased a used van for deliveries for $12,320. Nancy paid $1,760 cash and signed a note payable for the remaining balance. Paid $440 for office rent for the month. Performed $4,224 of services for customer on account. Declared and paid $264 in cash dividends. Purchased supplies for $132 on account Received a cash payment of $1,100 for services performed on June 5. Purchased gasoline for $88 on account. Performed services for customer for $1,320 cash. Made a cash payment of $440 on the note payable. Pald $220 for utilities Paid for the gasoline purchased on account on June 17. Paid $880 for employee salaries. 17 20 23 26 29 30 Date Accounts Receivable Cash Supplies June 1 $ $ $ ta $ 2 3 5 9 12 15 17 20 23 26 29 30 $ $ $ Equipment Notes Payable Accounts Payable $ $ $ $ $ 1. $ Stockholders' Equity Retained Earnings Common Stock Revenues Expenses $ $ $ > > Dividends $ A MAL

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