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Please list transactions, income statement, statement of retained earnings, and the balance sheet. On May 1, Casting issued 3,000 shares of its $1 par value

Please list transactions, income statement, statement of retained earnings, and the balance sheet. image text in transcribed
On May 1, Casting issued 3,000 shares of its $1 par value common stock for a total of $10,000. On May 3, Casting borrowed $20,000, signing a 10-year, 7% note. On May 9, Casting paid cash for $8,000 of equipment. On May 12, Casting purchased $700 of office supplies on credit from Suzy's Supplies; payment is to be made within 30 days. On May 13, Casting completed a job for a customer and received $900. On May 15, the company completed $600 of work for a customer on account. On May 22, Casting received May's phone bill of $450 and paid it. On May 23, the company received a $275 electric bill for May's utilities to be paid in June. On May 25, Casting received half the amount owed from the May 15 transaction (above). On May 27, Casting paid half of the amount owed to Suzy's Supplies. On May 30, Casting Corporation paid dividends of $500 to its shareholders. (Declaration and payment may be combined into one simple entry.)

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