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Where can you go to find each of your answers? Dec. 1 - FastForward receives $30,000 cash from Chas Taylor in exchange for common stock.
Where can you go to find each of your answers? Dec. 1 - FastForward receives $30,000 cash from Chas Taylor in exchange for common stock. Dec. 2 - Pays $2, 500 cash for supplies. Dec. 3 - Pays $26,000 cash for equipment. Dec. 4 - Purchases $7, 100 of supplies on credit from a supplier. Dec. 5 - Provides consulting services and immediately collects $4, 200 cash. Dec. 6 - Pays $1,000 cash for December rent. Dec. 7 - Pays $700 cash for employee salary. Dec. 8 - Provides consulting services of $1, 600 and rents its test facilities for $300. The customer is billed $1, 900 for these services. Dec. 9 - Receives $1, 900 cash from the client billed on December 8. Dec. 10 - Pays CalTech Supply $900 cash toward the payable from December 4. Dec. 11 - FastForward pays $200 cash for dividends. Dec. 12 - Receives $3,000 cash in advance of providing consulting services to a customer. Dec. 13 - Pays $2, 400 cash (insurance premium) for a 24-month insurance policy. Coverage begins on December 1. Dec. 14 - Pays $120 cash for supplies. Dec. 15 - Pays $305 cash for December utilities expense. Dec. 16 - FastForward pays $700 cash for employee salary
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