Nancy Tercek started a delivery service, Sheridan Company, on June 1, 2019. The following transactions occurred during the month of June.

Problem 1-4A (Part Level Submission) Nancy Tercek started a delivery service, Sheridan Company, on June 1, 2019. The following transactions occurred during the month of June. June 1 Stockholders invested $23,300 cash in the business in exchange for common stock. 2 Purchased a used van for deliveries for $14,800. Nancy paid $3,900 cash and signed a note payable for the remaining balance. 3 Paid $700 for office rent for the month. 5 Performed $4,800 of services on account. 9 Declared and paid $300 in cash dividends. 12 Purchased supplies for $300 on account. 15 Received a cash payment of $1,200 for services performed on June 5. 17 Purchased gasoline for $300 on account. 20 Received $1,500 cash for services performed. 23 Made a cash payment of $700 on the note payable. 26 Paid $150 for utilities. 29 Paid for the gasoline purchased on account on June 17. 30 Paid $2,310 for employee salaries. Sheridan Company Income Statement X Ex