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Selected transactions for L. Takemoto, an interior decorating firm, in its first month of business, are as follows. Jan. 2 Invested $19,003 cash in the
Selected transactions for L. Takemoto, an interior decorating firm, in its first month of business, are as follows.
Jan. 2 | Invested $19,003 cash in the business in exchange for common stock. | |
3 | Purchased used car for $10,389 cash for use in the business. | |
9 | Purchased supplies on account for $633. | |
11 | Billed customers $2,280 for services performed. | |
16 | Paid $253 cash for advertising. | |
20 | Received $988 cash from customers billed on January 11. | |
23 | Paid creditor $380 cash on balance owed. | |
28 | Declared and paid a $633 cash dividend. |
please help
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