Question: July 1: Issued common stock for $10,000 July 5: Performed services on account for $6,000 July 9: Purchased office supplies on account for
July 1: Issued common stock for
$10,000\ July 5: Performed services on account for
$6,000\ July 9: Purchased office supplies on account for
$200\ July 10: Performed services for cash of
$2,600\ July 12: Received payment in full for services performed on account from July 5\ July 24: Paid in full for office supplies purchased on July 9\ July 25: Received and paid monthly electric bill of
$600\ July 30: Signed a note payable to purchase office furniture for
$5,500\ July 31: Paid monthly payroll of
$3,900 
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