Quick Cleaners, Inc. (QCI) has been in business for several years. It specializes in cleaning houses but
Question:
a. Issued $ 25,000 of QCI stock for cash.
b. Incurred $ 600 of utilities costs this month and will pay them next month.
c. Paid wages for the current month, totaling $ 2,000.
d. Performed cleaning services on account worth $ 2,800.
e. Some of Quick Cleaners’ equipment was repaired at a total cost of $ 150. The company paid the full amount at the time the repair work was done.
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Related Book For
Fundamentals Of Financial Accounting
ISBN: 9780073527109
3rd Edition
Authors: Fred Phillips, Robert Libby, Patricia A Libby
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