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where did the $ 5,400 came from for the capital? Tim Sheridan started Sheridan Roof Repairs on April 2, 2024, by investing $4,180 cash in

where did the $ 5,400 came from for the capital?
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Tim Sheridan started Sheridan Roof Repairs on April 2, 2024, by investing $4,180 cash in the business. During April, the following
transactions occurred:
Apr. 6
15
25
Purchased supplies for $1,860 cash.
Repaired a roof for a customer and collected $780 cash
Received $2,560 cash in advance from a customer for roof repairs to his house and garage.
On April 30, 2024, the following information was available:
1.
2.
3.
At April 30, services of $780 were provided but were neither billed nor recorded.
There is $980 of supplies on hand.
Of the $2,560 received on April 25, the company has provided services of $980 by completing repairs to the garage roof.
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Tim Sheridan started Sheridan Roof Repairs on April 2, 2024, by investing $4,180 cash in the business. During April, the following transactions occurred: Apr. 6 Purchased supplies for $1,860 cash. 15 Repaired a roof for a customer and collected $780 cash. 25 Received $2.560 cash in advance from a customer for roof repairs to his house and garage. On April 30, 2024, the following information was available: 1. At April 30, services of $780 were provided but were neither billed nor recorded. 2. There is $980 of supplies on hand. 3. Of the $2,560 received on April 25 , the company has provided services of $980 by completing repairs to the garage roof. Assuming the company closes its books on a monthly basks, journalize and post closing entries. ICredit account titles are automatically indented when amount is entered, Do not indent manually. If no entry is required, select "No fntry" for the occount bitles and. enter Ofor the amounts. List oll debit entries before credit entries) (For balances ending in 0 select Bal. for the date and 0 for the amount for the normal balance of the account and for the Income Summary occount, enter the ending balance on the credit side.) Unearned Revenue Service Revenue Apr. 15 780 Apr. 30 780 Apr. 30 980 Supplies Expense Apr. 30 880 Income Summary Income Summary Tim Sheridan, Capital Apr. 2 4,180 Assuming the company closes its books on a monthly basis, journalize and post closing entries. (Creait occount tities are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts, List all debit entries before credit entries.) Unearned Revenue \begin{tabular}{lr|lr} \hline Apr. 30 & 980 & Apr. 25 & 2,560 \\ \hline & \multicolumn{2}{l|}{ Bal. } & 1,580 \\ \hline & Service Revenue & \\ \hline Apr.2Apr.6Apr.15Apr.25Apr.30Bal.Clos. & Apr. 15 & 780 \\ \hline \end{tabular} Supplies Expense Apr. 30 880 Income Summary

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