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P3. Jennifer Lopez opened a school for administrative skills called Lopez Office Training and completed the following transactions: a. Contributed the following assets to the
P3. Jennifer Lopez opened a school for administrative skills called Lopez Office Training and completed the following transactions: a. Contributed the following assets to the business: b. Found a location for her business and paid the first month's rent, $260. c. Paid for an advertisement announcing the opening of the school, $190. d. Received applications from three students for a four-week secretarial program and two students for a ten-day keyboarding course. The students will be billed a total of $1,300. e. Purchased supplies on credit, $330. f. Billed the enrolled students, $1,740. g. Purchased a second-hand computer, $480, and offiec equipment, $380, on credit. h. Paid for the supplies purchased on credit in e, $330. i. Paid cash to repair a broken computer, $40. j. Received partial payment from students previously billed, $1,080. k. Paid the utility bill for the current month, $90. 1. Paid an assistant one week's salary, $440. m. Made a cash withdrawal of $300. P3. Jennifer Lopez opened a school for administrative skills called Lopez Office Training and completed the following transactions: a. Contributed the following assets to the business: b. Found a location for her business and paid the first month's rent, $260. c. Paid for an advertisement announcing the opening of the school, $190. d. Received applications from three students for a four-week secretarial program and two students for a ten-day keyboarding course. The students will be billed a total of $1,300. e. Purchased supplies on credit, $330. f. Billed the enrolled students, $1,740. g. Purchased a second-hand computer, $480, and offiec equipment, $380, on credit. h. Paid for the supplies purchased on credit in e, $330. i. Paid cash to repair a broken computer, $40. j. Received partial payment from students previously billed, $1,080. k. Paid the utility bill for the current month, $90. 1. Paid an assistant one week's salary, $440. m. Made a cash withdrawal of $300
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