Question 1 of 11. > Current Attempt in Progress Use the business transactions below to 1 Stockholders invest $40,000 in cash in starting a real estate office operating as a corporation. 2 Purchased $500 of supplies on credit. 3 D Purchased equipment for $25,000, paying $3,500 in cash and signed a 30-day $21.500, note payable. 4. Real estate commissions billed to clients amount to $4,000 5 Paid $700 in cash for the current month's rent. 6. Paid $250 cash on account for office supplies purchased in transaction 2 7 Received a bill for $800 for advertising for the current month B Paid $2.500 cash for office salaries 9. Paid $1,200 cash dividends to stockholders. 10. Received a check for $2.000 from a client in payment on account for commissions billed in transaction 4 1.98/6 E