The corporation issued an additional 10,000 shares of capital stock to Harris Corporation in exchange for $54,000
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The corporation issued an additional 10,000 shares of capital stock to Harris Corporation in exchange for $54,000 cash Feb 2nd Purchased a building from Sweeney Enterprise by signing a note payable of $125,250. Feb 1st Feb 3rd Paid $17,964 for insurance on building for next 3 years. Feb 9th Purchased additional supplies on account for $4,250 Feb 15th Billed students $63,600 for tutoring services provided during the first half of February. Feb 16th Paid $47,956 in salaries earned by employees during the first half of February. Feb 18th Received $15,640 cash in advance from students for tutoring services to be provided in the future Collected cash from accounts receivable of $67,325. Feb 22nd Feb 25th Paid $8,103 for utilities during period. Feb 26th Paid $7,832 cash on accounts payable. Feb 27th Declared and paid a $2,300 dividend. Feb 28th Billed students $48,330 for tutoring services provided during the last half of February $ $ $ $ $ $ $ $ $ $ 54,000 125,250 17,964 4,250 63,600 47,956 15,640 67,325 8,103 7,832 2,300 $ 48,330
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