Selected transactions for Dianne Burke Company during its first month in business are presented below. Sept. 1 5 Investe

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Selected Transactions For Dianne Burke Company During Its First Month In Business Are Presented Below Sept 1 5 Investe 1 (18.71 KiB) Viewed 59 times

Selected transactions for Dianne Burke Company during its first month in business are presented below. Sept. 1 5 Invested $10,000 cash in the business. Purchased equipment for $12,000, paying $4,000 in cash and the balance on account Paid $3,000 cash on balance owed for equipment Withdrew $ 700 cash for personal use. 25 30 Burke's chart of accounts shows No. 101 Cash, No. 157 Equipment, No. 201 Accounts Payable, No. 301 Owner's Capital, and No. 306 Owner's Drawings