Calude Flynne opened a new accoutning practice called flyne, Public accountant, and completed these activities during march 2011:
March 1. Invested 50000 in cash and office equipment that had a fair value of 12000
1. prepaid 3600 cash for three moths' rent for an office.
march 3. made credit purchases of office eqipment for 6000 and office supplies for 1200.
march 5. completed work for a client and immidaitly received 1000 cash
march 9 completed a 4000 project for a client who will pay with in 30 days
march 11 paid the account payable created on march 3.
