Question: Hon ework: Chapter 1 Homework Save Score: 1 of 5 pts 4 of 4 (4 complete) HW Score: 65%, 13 of 20 pts P1-45A (similar

Hon ework: Chapter 1 Homework Save Score: 1 of 5 pts 4 of 4 (4 complete) HW Score: 65%, 13 of 20 pts P1-45A (similar to) Question Help o Alfons Shore recently opened his own accounting firm on April 1, which he operates as a corporation. The name of the new ently is Alfonso Shone, CPA Shone experienced the following events during the organic phase of the business and its first month of operations in 2018 Click the icon to view the transactions) Read the recirements Abbreviations used AP Accounts Payable AR Accounts Receivable Com Common Conte Contributed, Dividends Explom Furniture Lab Lab RowRevenue, Sup Supplies ASSETS LUAR EQUITY Conte Cash NR + Fum AP Div Cap . Com Stock +00.000 Retained Earnings + Service Rent Rev Exp UM Exp Sug 45 0 000 45 Emetany number in the edited and then click Check Answer 12 Clear Check Answer como 211 PM + Q O Com. = Common; Contr. = Contributed; Div. = Dividends: Exp. Expense, Furn. = Furn . i More Info Apr. 5 Shone deposited $80,000 in a new business bank account titled Alfonso Shone, CPA. The business issued common stock to Shone. 6 Paid $150 cash for letterhead stationery for new office. 7 Purchased office furniture for the office on account. $5,000. 10 Consulted with tax client and received $1,800 for services rendered, 11 Paid utilities, $260. 12 Finished tax hearings on behalf of a client and submitted a bill for accounting services $15,000. 18 Paid office rent. $1,750. 25 Received amount due from client that was billed on April 12. 27 Paid full amount of accounts payable created on April 7 30 Cash dividends of $2,000 were paid to stockholders. Print Done hp
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