Question: Data for Larkspur, Inc., interior decorating, are presented as follows. Jan. 2 Stockholders invested $20,689 cash in the business in exchange for common stock. 3



Data for Larkspur, Inc., interior decorating, are presented as follows. Jan. 2 Stockholders invested $20,689 cash in the business in exchange for common stock. 3 Purchased used car for $11,310 cash for use in the business. 9 Purchased supplies on account for $690. 11 Billed customers $2,483 for services performed. 16 Paid $276 cash for advertising. 20 Received $1,076 cash from customers billed on January 11. 23 Paid creditor $414 cash on balance owed. 28 Declared and paid a $690 cash dividend. Joumalize the transactions. (Credit occount vities are automotically indented when the amount is entered. Do not indent manually. Record Joumal entries in the order presented in the problem. If no entry is required, select "No Entry' for the account vitles and enter 0 for the amounts.)
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