OnApril 1. Wildhorse Travel Agency began operations. The following transactions were completed during the month. 1. Sharchoiders ievested $25,000 in the business in excharge for ordinary shares. 2. Obtaised a bank loan for $7,000 by issuing a note payable. 3. Paid $12,200 cash to buy equipment. 4. Pald $1,000 cash for Aprildelfice rent. 5. Paid51,500 tor supplies: 6. Purchaked $640 of advertising in the Daily tereld, on account. 7. Performed yervices for $17,400 isishor $2.900 was received from customers, and the balunce of $14.900 was bilied to custoe 8. Declared and paid a canh dividend of $1000 9. Paid the usility bill for the mocth 52000 . 10. Paid Doly Herald the amount due in transugtinin (6). 11. Psids50 of interest on the bankloan cbtained in trantaction (2) 12. Paid empiovese' salaries andwagn, 36,400 . 13. Recelved 510,700 astifrom customers bililed in tramaction (n)