Tara opens Tara 's Treasures on September 1 st and has the following transactions for the first month 1 Tara opens Tara 's Treasures by investing $105,000 in exchange for stock (Gift) 2 Tara BORROWS $250,000 Cash from the Bank on a Bank Loan Payable 3 Tara buys supplies for $7,200 using Accounts Pa...

To analyze and record the business transactions for Taras Treasures in a journal well list each tran ...

Tara opens Tara's Treasures on September 1 st and has the following transactions for the first month:

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Tara opens Tara's Treasures on September 1^st and has the following transactions for the first month:

# 1: Tara opens Tara's Treasures by investing $105,000 in exchange for stock (Gift)
# 2. Tara BORROWS $250,000 Cash from the Bank on a Bank Loan Payable
#3 Tara buys supplies for $7,200 using Accounts Payable
#4. Tara Buys Equipment for $18,000 Cash
#5. Tara pays her monthly rent of $3,500 in Cash
#6. Tara earns $22,000 in Revenue on Accounts Receivable
#7. Tara pays the weekly salaries of $6,500 in cash
#8 Tara earns $11,00 in Revenue and receives Cash
#9. Tara Pays $2,200 of the Accounts Payable she owes in Cash
#10. Tara collects $5,500 in cash from her account receivable customers
#11. Tara pays a $3,400 Dividend in Cash

Required:

Analyze the Business Transactions