Answer Happy

- Transactions Nov 1 Amber Wilson invested $16,000 cash in the business by opening a bank account in the name of Canyon Canoe Company. 2 The company leased a building and paid $1,200 for the first month's rent 3 The company purchased canoes for $4,800 on account 4 The company purchased office supplies on account, $750 7 The company earned $1,400 cash for the rental of canoes. 13 The company paid $1,500 cash for salaries. 15 Amber Wilson withdrew $50 cash from the business for personal use. 16 The company received a bill for $150 for utilities, which will be paid later. (Do not use the Accounts Payable account) 20 The company received a bill for $175 for cellphone expenses. The bill will be paid later. (Do not use the Accounts Payable account.) 22 The company rented canoes to Early Start Daycare on account, $3,000. 26 Canyon Canoe Company paid $1,000 of the amount owed for the November 3 purchase that was made on account 28 The company received $750 from Early Start Daycare as partial payment for the canoe rental on November 22. 30 Amber Wilson withdrew $100 cash from the business for personal use. Print Done
- Transactions Nov 1 Amber Wilson invested $16,000 cash in the business by opening a bank account in the name of Canyon Canoe Company. 2 The company leased a building and paid $1,200 for the first month's rent 3 The company purchased canoes for $4,800 on account 4 The company purchased office supplies on account, $750 7 The company earned $1,400 cash for the rental of canoes. 13 The company paid $1,500 cash for salaries. 15 Amber Wilson withdrew $50 cash from the business for personal use. 16 The company received a bill for $150 for utilities, which will be paid later. (Do not use the Accounts Payable account) 20 The company received a bill for $175 for cellphone expenses. The bill will be paid later. (Do not use the Accounts Payable account.) 22 The company rented canoes to Early Start Daycare on account, $3,000. 26 Canyon Canoe Company paid $1,000 of the amount owed for the November 3 purchase that was made on account 28 The company received $750 from Early Start Daycare as partial payment for the canoe rental on November 22. 30 Amber Wilson withdrew $100 cash from the business for personal use. Print Done