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On August 1, 2023, Mark Diamond began a tour company in the Northwest Territories called I occurred during the first month of operations: Aug. 1

On August 1, 2023, Mark Diamond began a tour company in the Northwest Territories called I occurred during the first month of operations: Aug. 1 Purchased office furniture on account; $6,200. 1 Mark Diamond invested $8,000 cash into his new business. 2 Collected $5,400 in advance for a three-week guided caribou watching tour beginnin 3 Paid $7,500 for six months' rent for office space effective August 1 . 4 Received $4,000 for a four-day northern lights viewing tour just completed. 7 Paid $2, 000 for, hotel expenses regarding the August 4 tour. 15 Mark withdrew cash of $600 for personal use. 22 Met with a Japanese tour guide to discus$ a $200,000 tour contract. 31 Paid wages of $1,400. Assume

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