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Sandhill Corporation provides security services. Selected transactions for Sandhill are presented below. Oct. 1 2 4 7 8 10 12 16 21 24 27 31
Sandhill Corporation provides security services. Selected transactions for Sandhill are presented below. Oct. 1 2 4 7 8 10 12 16 21 24 27 31 Issued common stock in exchange for $60,700 cash from investors. Hired part-time security consultant. Salary will be $1,800 per month. First day of work will be October 15. Paid 1 month of rent for building for $1,800. Purchased equipment for $16,600, paying $3,700 cash and the balance on account. Paid $1,300 for advertising. Received bill for equipment repair cost of $380. Provided security services for event for $2,900 on account. Purchased supplies for $380 on account. Paid balance due from October 7 purchase of equipment. Received and paid utility bill for $136. Received payment from customer for October 12 services performed. Paid employee salaries and wages of $4,700.
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