Question: please solve it CHAPTER 1 PROBLEMS: SET C) p1-ic on April 1. Barb Massoth established American -] Agency. The following Amalyar frenfactions and Transactions were
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CHAPTER 1 PROBLEMS: SET C) p1-ic on April 1. Barb Massoth established American "-] Agency. The following Amalyar frenfactions and Transactions were completed during the month. compute Find Income I. Invested $10/000 cash to start the agency. LO 3, 41 2. Paid $400 cash for April office rent, 3. Purchased equipment for $2,500 cash. 4. Incurred $300 of advertising costs In the Chicago Trudging, on account 5. Paid $600 cash for office supplies. 6 Recognized $9.500 for services rendered: $3,000 cash a received from customers, and the balance of $6,500 is billed to customers on account, 7. Withdrew $200 cash for personal use. 8. Paid Chicago Tribune amount due in transaction (4). 9. Paid employees' salaries $2,200. 10. Received $4,000 in cash from customers who have previously been billed in transaction (6)
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