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Selected transactions for Clark Decor, an interior design company, in its first month of business are as follows. Jan. 2 Marie Clark invested cash in
Selected transactions for Clark Decor, an interior design company, in its first month of business are as follows.
Jan. Marie Clark invested cash in the business in exchange for ordinary shares.
Purchased used car for cash for use in the business.
Purchased supplies on account for
Billed customers for services performed.
Paid cash for advertising.
Received cash from customers billed on January
Paid creditor cash on balance owed.
Declared and paid a cash dividend.
Date
Account Titles and Explanation
Debit
Credit
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