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2:22 Assignment Details 301 137d3- FM, - Of On June 1 of the current year, Chad Wilson established a business to manage rental property. He completed the following transactions during June: 2. 3. 4. 5. 6. 7. 8. 9. 10. Opened a business bank account with a deposit of $30,000 from personal funds. Purchased office supplies on account, $1,800. Received cash from fees earned for managing rental property, $10,000. Paid rent on office and equipment for the month, $4,500. paid creditors on account, 5,250. Billed customers for fees earned for managing rental property, $16,800. paid automobile expenses (including rental charges) for the month, S750, and miscellaneous expenses, S980. Paid office salaries, $4,000. Determined that the cost of supplies on hand was $680; therefore, the cost of supplies used was $1,120. Withdrew cash for personal use, $7,500. Instructions Submit Assignment Previous To Do Next