On April 1, Metlock, Inc. was established. These transactions were completed during the month. 1. 2. 3. - 2 3 4 5 6 4. 5. 6. Stockholders invested $30,600 cash in the company in exchange for common stock. Paid $610 cash for April office rent. Purchased office equipment for $3,280 cash. Purchased $210 of advertising in the Chicago Tribune, on account. Paid $310 cash for office supplies. Performed services worth $12,000. Cash of $2,700 is received from customers, and the balance of $9,300 is billed to customers on account. Paid $260 cash dividends. Paid Chicago Tribune amount due in transaction (4). 7. 8. 9. Paid employees' salaries $1,500. 10. Received $9,300 in cash from customers billed previously in transaction (6).