Question: A. Journalize the transactions B. Trial Balance C. tabular analysis Flounder Corp. provides security services, Selected transactions for Flounder Corp. are presented below. Oct. 1
Flounder Corp. provides security services, Selected transactions for Flounder Corp. are presented below. Oct. 1 2 4 7 8 10 Issued common stock in exchange for $55,400 cash from investors. Hired part-time security consultant. Salary will be $1.700 per month. First day of work will be October 15 Paid 1 month of rent for building for $1,700. Purchased equipment for $15,100, paying $3,400 cash and the balance on account. Paid $900 for advertising Received bill for equipment repair cost of $340, Provided security services for event for $2,700 on account. Purchased supplies for $340 on account. Pald balance due from October 7 purchase of equipment. Received and paid utility bill for $124. Received payment from customer for October 12 services performed Pald employee salaries and wages of $4,300, 12 16 21 24 27 31
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
