Transactions

Jan 1 Owner invested $10000 and recorded ownership in the company

Jan 2 Company paid current month's rent $500

Jan 7 Purchased merchandise to sell to customer on account $1600, cost of merchandise was $1000

Jan 8 Sold to costumer Mary Jones merchandiser no account $1600, cost of merchandise was $1000

Jan 10 Signed a contract with a new supplier

Jan 15 Paid advertising from checking $100

Jan 17 Purchased a new computer from checking $ 250

Jan 20 Mary Jones paid her account balance in full. Amount deposited to checking account

Jan 22 Paid legal fees $ 200

Jan 23 Purchased store equipment on account from Ace Supply $1000

Jan 25 Paid utilities $140

Jan 28 Paid 3 months of insurance $300 for coverage beginning Fed 1 .

Jan 31 Paid Ace Supply for amount owed

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