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Nancy Lewis started a delivery service, Lewis Deliveries, on June 1,2027. The following transactions occurred during the month of June. June 1 Stockholders invested $11,600
Nancy Lewis started a delivery service, Lewis Deliveries, on June 1,2027. The following transactions occurred during the month of June. June 1 Stockholders invested $11,600 cash in the business in exchange for common stock. 2 Purchased a used van for deliveries for $16,240. Nancy paid $2,320 cash and signed a note payable for the remaining balance. 3 Paid $580 for office rent for the month. 5 Performed $5,568 of services for customer on account. 9 Declared and paid $348 in cash dividends. 12 Purchased supplies for $174 on account. 15 Received a cash payment of $1,450 for services performed on June 5. 17 Purchased gasoline for $116 on account. 20 Performed services for customer for $1,740 cash. 23 Made a cash payment of $580 on the note payable. 17 Purchased gasoline for $116 on account. 20 Performed services for customer for $1,740 cash. 23 Made a cash payment of $580 on the note payable. 26 Paid $290 for utilities. 29 Paid for the gasoline purchased on account on June 17. Question 3 of 3 1.47/10 12 15 17 20 23 26 29 30 $ 174 eTextbook and Media
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