Business
Business, 25.11.2020 01:10, lily3934

Selected transactions for Windsor, Inc., an interior decorating firm, in its first month of business, are as follows. Jan. 2

3

9

11

Invested $18,481 cash in the business in exchange for common stock.

Purchased used car for $10,103 cash for use in the business.

Purchased supplies on account for $616.

Billed customers $2,218 for services performed.

Paid $246 cash for advertising.

Received $961 cash from customers billed on January 11.

Paid creditor $370 cash on balance owed.

Declared and paid a $616 cash dividend.

16

20

23

28

Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent

manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the

account titles and enter o for the amounts.)

answer
Answers: 2

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Selected transactions for Windsor, Inc., an interior decorating firm, in its first month of business...

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