PureWater Solutions
1.Issued $400,000 in bonds payable.
2.Purchased water filtration equipment for $150,000.
3.Paid $20,000 for insurance.
4.Sold water filtration systems worth $180,000 (cost $70,000) on credit.
5.Paid $90,000 in wages.
6.Received $140,000 from customers.
7.Paid $12,000 for maintenance.
Requirement: Record transactions, prepare the general ledger, and create a cash flow statement.