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Reference - - X Nov. 1 Received $25,000 cash to begin the company and issued common stock to Andrea and Zander. Nov. 2 Signed
Reference - - X Nov. 1 Received $25,000 cash to begin the company and issued common stock to Andrea and Zander. Nov. 2 Signed a lease for a building and paid $900 for the first month's rent. Nov. 3 Purchased canoes for $6,240 on account. Nov. 4 Purchased office supplies on account, $700. Nov. 7 Earned $1,600 cash for rental of canoes. Nov. 13 Paid $1,700 cash for wages. Nov. 15 Paid $350 dividends to stockholders. Received a bill for $170 for utilities. (Use separate payable account.) Nov. 16 Nov. 20 Received a bill for $100 for cell phone expenses. (Use separate payable account.) Rented canoes to School's Out on account, $2,700. Nov. 22 Nov. 26 Paid $2,400 on account related to the November 3, 2024, purchase. Nov. 28 Received $1,000 from School's Out for canoe rental on November 22, 2024. Nov. 30 Dec. 1 Paid $500 dividends to stockholders. Andrea and Zander contributed land on the river (worth $85,000) and a small building
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