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Question 4, PF1-47A (similar to) Part 1 of 20 HW Score: 27. O Points: 0 o arch 1, which she operates as a corporation.
Question 4, PF1-47A (similar to) Part 1 of 20 HW Score: 27. O Points: 0 o arch 1, which she operates as a corporation. The name of the new entity is Abby Peterson, Attorney. Peterson experienced the me of the events were personal and did not affect the law practice. Others were business transactions and should be accoun > More info Mar. 1 Mar. 2 Mar. 3 Mar. 5 Mar. 7 Mar. 9 Mar. 15 Mar. 23 Sold personal investment in Amazon stock, which she had owned for several years, receiving $30,000 cash. Deposited the $30,000 cash from the sale of the Amazon stock in her personal bank account. Deposited $72,000 cash in a new business bank account titled Abby Peterson, Attorney. The business issued common stock to Peterson. Paid $300 cash for ink cartridges for the printer. Purchased computer for the law office, agreeing to pay the account, $5,500, within three months. Received $3,800 cash from customers for services rendered. Received bill from The Lawyer for magazine subscription, $200. (Use Miscellaneous Expense account.) Finished court hearings on behalf of a client and submitted a bill for legal services, $13,500, on account. Paid bill from The Lawyer. Mar. 28 Mar. 30 Paid utilities, $1,050. Mar. 31 Received $3,500 cash from clients billed on March 23. Mar. 31 Cash dividends of $1,000 were paid to stockholders. Get more help - Print Done MacBook Pro G Search or type URL 85 54 R T 6 Y 7 &7 U 00 8 1 6 C O
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