Question: On April 1 , Donna Clark established Clark's Travel Agency. The following transactions were completed during the month. Invested $ 1 3 , 0 0
On April Donna Clark established Clark's Travel Agency. The following transactions were completed during the month.
Invested $ cash to start the agency.
Paid $ cash for April office rent.
Purchased equipment for $ cash.
Incurred $ of advertising costs in the Chicago Tribune, on account.
Paid $ cash for office supplies.
Performed services worth $ : $ cash is received from customers, and the balance of $ is billed to
customers on account.
Withdrew $ cash for personal use.
Paid Chicago Tribune $ of the amount due in transaction
Paid employees' salaries $
Received $ in cash from customers who have previously been billed in transaction Accounts
CLARKS TRAVEL AGENCY
Assets
Liabilities
Owners Equity
Cash
Accounts
Receivable
Supplies
Equipment
Accounts
Payable
Owners
Capital
Owners
Drawings
Revenues
Expenses
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