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Selected transactions for Sheridan during its first month of operations are as follows: Mar. 2 Issued common stock for $12.800 cash. 4 10 Purchased
Selected transactions for Sheridan during its first month of operations are as follows: Mar. 2 Issued common stock for $12.800 cash. 4 10 Purchased used car for $1.180 cash and $9.180 on account, for use in the business. Billed customers $2,480 for services performed. 13 Paid $405 cash to advertise business opening. 25 Received $1,180 cash from customers billed on March 10. 27 Paid amount owed for used car purchased on March 4. 30 Received $880 cash from a customer for services to be performed in April. 31 Declared and paid $480 of dividends to stockholders. Requirements: A. Journalize Each Transactions B. Post to the ledger C. Create a Trial Balance
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