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The general ledger also revealed account no. 530, Legal and Accounting Expense. The following transactions occurred during June: 6/2 Collected $3,000 on account from customers
The general ledger also revealed account no. 530, Legal and Accounting Expense. The following transactions occurred during June:
| 6/2 | Collected $3,000 on account from customers | |||
| 6/7 | Sold 25% of the equipment and supplies to a young artist for $700 cash | |||
| 6/10 |
Received a $300 invoice from the accountant for preparing last quarter's financial Statem | |||
| 6/15 | Paid $1,900 to creditors on account. | |||
| 6/27 | Adkins withdrew $2,000 cash for personal use. | |||
| 6/30 | Billed a customer $3,000 for a portrait painted this month. | |||
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