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post transactions to T-accounts. View Policies Current Attempt in Progress Ivanhoe Corporation provides security services. Selected transactions for Ivanhoe are presented below. Oct 1 N
post transactions to T-accounts. View Policies Current Attempt in Progress Ivanhoe Corporation provides security services. Selected transactions for Ivanhoe are presented below. Oct 1 N IS 7 21 24 27 Issued common stock in exchange for $52,800 cash from investors. Hired part-time security consultant. Salary will be $1,600 per month. First day of work will be October 15. Paid 1 month of rent for building for $1,600. Purchased equipment for $14,400, paying $3,200 cash and the balance on account. Paid $700 for advertising. Received bill for equipment repair cost of $320. Provided security services for event for $2,600 on account. Purchased supplies for $330 on account. Paid balance due from October 7 purchase of equipment. Received and paid utility bill for $118. Received payment from customer for October 12 services performed. Paid employee salaries and wages of $4,100.
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