Question
Week Transaction 1 Received $3000 as contribution to the corporation Purchased Ventor Ave $260 Purchased Short Line Railroad (RR) $200 Purchased Oriental Ave $100 Pay
Week Transaction 1 Received $3000 as contribution to the corporation Purchased Ventor Ave $260 Purchased Short Line Railroad (RR) $200 Purchased Oriental Ave $100 Pay rent on Electric company--$120 Purchased house for Ventnor $150 and $52 for insurance 2 Landed on Free Parking received $250 Purchased house for Ventnor $150 and $52 insurance 3 Purchased B&O RR $200 Landed on go to jail; paid $100 4 Note: cash on hand before dividend $1864 Paid required cash dividend to stockholders 5 Purchased house for Oriental $50 and $52 insurance 6 Purchased Park Place $350 Purchased House for Park Place $200 and $52 for insurance Received $650 for passing "GO" the first time Paid $100 for Hospital Fees-(Medical Expense) 7 Received Rent on Ventnor $330 Purchased house on Park Place $200 and $52 insurance 8 Paid rent on Pennsylvania RR $25 9 Purchased Pennsylvania Ave $320 Purchased House for Pennsylvania $200 and $52 for insurance 10 Received rent on Ventnor Ave $330 Received $650 for passing "GO" second time Paid rent on Mediterranean Ave $2 11 Received rent on Ventnor Ave $330 Received rent on Pennsylvania $150 Paid rent on Vermont $6 Purchased house for Pennsylvania $200 and $52 for insurance 12 nothing happened 13 Landed on Free Parking, received $250 Note: cash on hand is $2,467
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started