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On April 1, 20Y8, Maria Adams established Custom Realty. Maria completed the following transactions during the month of April: Opened abusinessbank account with a deposit

On April 1, 20Y8, Maria Adams established Custom Realty. Maria completed the following transactions during the month of April:

  1. Opened abusinessbank account with a deposit of $21,000 in exchange for common stock.
  2. Purchased supplies on account, $2,120.
  3. Paid creditor on account, $1,340.
  4. Earnedsalescommissions, receiving cash, $21,590.
  5. Paid rent on office and equipment for the month, $4,230.
  6. Paid dividends, $7,000.
  7. Paid automobileexpensesfor month, $2,030, and miscellaneous expenses, $970.
  8. Paid office salaries, $2,550.
  9. Determined that the cost of supplies on hand was $710; therefore, the cost of supplies used was $1,410.

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