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The following transactions are for Horace Brock, Landscape Consultant. TRANSACTIONS a. Brock invested $143,000 in cash to start the business b. Paid $4,300 for the
The following transactions are for Horace Brock, Landscape Consultant. TRANSACTIONS a. Brock invested $143,000 in cash to start the business b. Paid $4,300 for the current month's rent. c. Bought office furniture for $15,020 in cash d. Performed services for $8,900 in cash e. Paid $1,080 for the monthly telephone bill f. Performed services for $14,700 on credit. g. Purchased a computer and copier for $34,600, paid $11,300 in cash immediately with the balance due in 30 days h. Received $7,350 from credit clients i. Paid $2,300 in cash for office cleaning services for the month j. Purchased additional office chairs for $4,100; received credit terms of 30 days k. Purchased office equipment for $23,000 and paid half of this amount in cash immediately; the balance is due in 30 days I. Issued a check for $7,700 to pay salaries m. Performed services for $15,2O0 in cash. n. Performed services for $16,700 on credit o. Collected $6,300 on accounts receivable from charge customers p. Issued a check for $2,050 in partial payment of the amount owed for office chairs q. Paid $530 to a duplicating company for photocopy work performed during the month r. Paid $1,050 for the monthly electric bill s. Brock withdrew $7,300 in cash for personal expenses
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