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VIEW PUNJUS Current Attempt in Progress On April 1. Elizabeth Brown established Oriole's Travel Agency. The following transactions were completed during the month. Shareholders
VIEW PUNJUS Current Attempt in Progress On April 1. Elizabeth Brown established Oriole's Travel Agency. The following transactions were completed during the month. Shareholders invested NT$13,000 cash in the business in exchange for ordinary shares. 1. 2. Paid NT$600 cash for April office rent. 3. Purchased equipment for NT$3,400 cash. 4. Incurred NT$800 of advertising costs for Facebook ads, on account. 5. Paid NT$700 cash for office supplies. Performed services worth NT$10,000: NT$3,000 cash is received from customers, and the balance of NT$7,000 is billed to customers on account. 6. 7. Declared and paid NT$500 dividend. 8. 6 9. Paid Facebook NT$600 of the amount due in transaction (4). Paid employees' salaries NT$2.500. 10. Received NT$4,000 in cash from customers who have previously been billed in transaction (6).
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