Question
Record these transactions in your books using a spreadsheet format: June 1 Invested cash in Norman Environmental Services and received common stock $55500 June 2
Record these transactions in your books using a spreadsheet format:
June 1 Invested cash in Norman Environmental Services and received common stock $55500 June 2 Borrowed from the First Bank of Baltimore and signed a promissory note $41500 June 3 Purchased Supplies with Cash $950 June 4 Purchased a computer from a local office supply store on account $1200 June 5 Provided tutorial services on account for 3 students $1900 June 5 Paid rent for the month $975 June 6 Placed and paid for an ad in a newspaper to run this month $230 June 7 Paid the office supply store fully for the computer purchased on June 4 June 8 Received $275 cash from tutorial services provided on account on June 5 June 15 Provided additional tutorial services to students for cash $370 June 30 Determined that $460 of supplies was remaining June 30 Declared and paid dividends in the amount of $490
SHAMINA TUTORIAL SERVICES Summary of Transactions Month of March 2013 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Assets | = | Liabilities | + | Stockholders' Equity | ||||||
Date | Cash | Account Receivable | Supplies | Equipment | Account Payable | Notes Payable | Common Stock | Retained Earning | ||
Beginning balance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | ||
1-Jun | ||||||||||
2-Jun | ||||||||||
3-Jun | ||||||||||
4-Jun | ||||||||||
5-Jun | ||||||||||
5-Jun | ||||||||||
6-Jun | ||||||||||
7-Jun | ||||||||||
8-Jun | ||||||||||
15-Jun | ||||||||||
30-Jun | ||||||||||
30-Jun | ||||||||||
Ending balance |
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