MsFocused26
Aug 27, 2012, 10:03 PM
1. Issued Stock in exchange for $30,000.
2. Purchased Office Equipment for Cash, $3,000.
3. Billed Customer for services performed, $2,000.
4. Purchased supplies on account, $60.
5. Received partial payment from customer in c, $700
6. Made partial payment on d, $10.
7. Received bill for rent, $300. Will make payment in one week.
8. Paid salaries of $300.
9. Declared and paid $200 dividend.
What would these transactions be considered in accounting? Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Revenues , Expenses, Dividends?
2. Purchased Office Equipment for Cash, $3,000.
3. Billed Customer for services performed, $2,000.
4. Purchased supplies on account, $60.
5. Received partial payment from customer in c, $700
6. Made partial payment on d, $10.
7. Received bill for rent, $300. Will make payment in one week.
8. Paid salaries of $300.
9. Declared and paid $200 dividend.
What would these transactions be considered in accounting? Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Revenues , Expenses, Dividends?