Respuesta :
Answer:
1. Issued stock to investors for $14,800 in cash.
Account Debit Credit
Cash $14,800
Common Stock $14,800
2. Purchased used car for $10,400 cash for use in business.
Account Debit Credit
Cash $14,400
Vehicle $14,400
3. Purchased supplies on account for $200.
Account Debit Credit
Supplies $200
Accounts Payable $200
4. Billed customers $4,250 for services performed.
Account Debit Credit
Service Revenue $4,250
Accounts Receivable $4,250
5. Paid $200 cash for advertising at the start of the business.
Account Debit Credit
Advertising Expense $200
Cash $200
6. Received $1,480 cash from customers billed in transaction (4).
Account Debit Credit
Cash $1,480
Accounts Receivable $1,480
7. Paid creditor $230 cash on account.
Account Debit Credit
Cash $230
Accounts Payable $230
8. Paid dividends of $310 cash to stockholders.
Account Debit Credit
Dividends Payable $310
Cash $310