Question: DID WE MAKE MONEY??? Sara recently graduated from Cal State Fullerton with a degree in Business. She was also on the Soccer Team. Sara has
DID WE MAKE MONEY???
Sara recently graduated from Cal State Fullerton with a degree in Business. She was also on the Soccer Team. Sara has always wanted to own her own business and she also loves soccer... so she came up with a great business idea: to start a soccer camp tor KIds. Sara named her company Soccer With Sara, Inc. SWS She started her business on the first day of June. During the month of June, her business engaged in the transactions below.
How much money did SWS make in the month of June???
tableBusiness Transaction,Money MadeLost in kunt: Sara has saved $ from gifts received for birthdays, holidays, & graduations. On June she put that money into SWS inc. as the sole owner of the company., SWS Inc. needs more money than what Sara contributed. On June Sara's parents loaned the company $ The loan will be paid back at the end of summer monthsJune, July, Augusta The loan has interest to be paid at the end of summer AugustWS Inc. hifes one of Sara's former teammates as an Asst. Coach. She gets paid $month Payday is the first day of the month AFTER the period worked, so she got paid July for coaching in June., SWS Inc. paid $ to rent a soccer field at a local park for the whole summer months June, July, August SWS Inc. purchased soccer equipment balls nets, cones, etc. for $ sWS plans to use the equipment for years,
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