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PROBLEM I Anna Taylor started a new business, Taylor Gymnastics, and completed the following transactions during December Dec Anna contributed $3,000 cash in exchange for

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PROBLEM I Anna Taylor started a new business, Taylor Gymnastics, and completed the following transactions during December Dec Anna contributed $3,000 cash in exchange for services provided Received $4,000 cash from customers for services provided Paid S100 cash for office supplies Performed services for a customer and billed the customer for services rendered. #3.000 10 20 25 28 28 0 Received $2,800 cash from customers for service performed Received $200 bill for utlities due in two weeks Paid for advertising in local paper, $125 Paid utility bill received on Dec. 10 Collected cash from customer billed on Dec. 9 Paid rent for the month, $1,500 Paid 1,050 to assistant for wages Cash dividends of S2,000 were paid to stockholders

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