Question: ( 1 ) Cullumber Company invests $ 3 4 , 0 0 0 cash in exchange for common stock on June 1 . ( 2

(1) Cullumber Company invests $34,000 cash in exchange for common stock on June 1.
(2) Purchased equipment for $4,500 paying $2,300 in cash and the remainder due in 30 days.
(3) Purchased supplies for $1,300 cash.
(4) Received a bill from Campus News for $290 for advertising in the campus newspaper.
(5) Cash receipts from customers for pizza sales amounted to $2,300.
(6) Paid salaries of $250 to student workers.
(7) Billed the Tiger Football Team $400 for pizzas ordered.
(8) Paid $290 to Campus News for advertising that was previously billed in Transaction 4.
(9) Cullumber Company paid dividends of $1,800.
(10) Incurred utility expenses for the month on account, $100. negative then enter either a - sign e.g.-15,000 or in parenthesis e.g.(15,000). Enter all transaction amounts as positive and select the appropriate sign from the drop down. Leave the field blank if not applicable.)
( 1 ) Cullumber Company invests $ 3 4 , 0 0 0

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