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Transaction a . Mr . Vega deposits $ 6 , 0 0 0 in a bank account in the name of MegaTech, in return for
Transaction
a Mr Vega deposits $ in a bank account in the name of MegaTech, in return for shares of common stock in
the corporation.
b MegaTech borrows $ from First National Bank to finances its operations.
c MegaTech buys land for $ cash.
d During the first month of operations, MegaTech earned revenue fees of $ receiving the fees in cash.
e MegaTech paid expenses during September as follows:
Wages, $;
Rent, $;
Utilities, $;
Interest, $; and
Miscellaneous, $
f MegaTech paid $ to stockholders Dr Lee Landry as dividends.
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