Question: On August 1 , 2 0 Y 9 , Brooke Kline established Western Realty. Brooke completed the following transactions during the month of August: a
On August Y Brooke Kline established Western Realty. Brooke completed the following transactions during the month of August:
a Opened a business bank account with a deposit of $ in exchange for common stock.
b Purchased supplies on account, $
c Paid creditor on account, $
d Earned sales commissions, receiving cash, $
e Paid rent on office and equipment for the month, $
f Paid dividends, $
g Paid automobile expenses for month, $ and miscellaneous expenses, $
h Paid office salaries, $
i Determined that the cost of supplies on hand was $; therefore, the cost of supplies used was $Balance Sheet
Western Realty
Balance Sheet
Label
tableAssetsLiabilities,Stockholders' Equity,
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