Question
t charts, income statement, owners statement, and balance sheet On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the
t charts, income statement, owners statement, and balance sheet
On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $30,000. Paid rent on office and equipment for the month, $5,410. Purchased supplies on account, $1,600. Paid creditor on account, $590. Earned fees, receiving cash, $24,600. Paid automobile expenses (including rental charge) for month, $1,500, and miscellaneous expenses, $1010. Paid office salaries, $3,150. Determined that the cost of supplies used was $890. Withdrew cash for personal use, $1,450.
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