Question
Rowdy Bolton began Bolton Office Services in October and during that month completed these transactions: a. Invested $10,000 cash and $15,000 of computer equipment in
Rowdy Bolton began Bolton Office Services in October and during that month completed these transactions: a. Invested $10,000 cash and $15,000 of computer equipment in exchange for common stock. b. Paid $480 cash for an insurance premium covering the next 12 months. c. Completed a word processing assignment for a customer and collected $1,000 cash. d. Paid $200 cash for office supplies. e. Paid $3,000 for the last quarterly payment of rent (October-December) on October 1st. On October 31st, Rowdy also made adjusting entries. Refer to previous entries if necessary. f. Recorded insurance expired at month-end. g. Counted $120 remaining in office supplies. h. Recorded rent expense for the month. i. Recorded salaries owed to employees. Employees are paid $5,000 on Monday-Friday basis. The last day of October was a Wednesday. j. Completed a word processing assignment for another customer who had not yet been billed. The total amount owed was $800.
I need the second part as soon as possible please!!!!!!!
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