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ril 1, Adventures Travel Agency began operations. The following transactions were completed during the month. 1 The owner, A. Santos, invested $22,000 in the
ril 1, Adventures Travel Agency began operations. The following transactions were completed during the month. 1 The owner, A. Santos, invested $22,000 in the business. 2 Paid $1,200 cash for April office rent. 3 Obtained a bank loan for $6,100 by issuing a note payable. 4 Paid $5,100 cash to buy equipment. 6 Paid $1,450 for supplies. 8 Purchased $1,700 of advertising on account. The advertising is to be aired in April. 10 Performed services for $16,300. Cash of $3,000 was received from customers, and the balance of $13,300 was billed to customers on account. The owner, A. Santos, withdrew cash of $1,000 for personal use. 15 18 Paid the amount due for the advertising from April 8. 20 20 29 222 Paid employees' salaries of $6,400. Received $11,700 cash from customers billed on April 10. Paid the utility bill for the month of $500. B ENG W US
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