Question: Transactions 1 . Red Construction begins. Owner invests $ 1 2 , 0 0 0 in the business 2 . Buys material on account from

Transactions1.Red Construction begins. Owner invests $12,000 in the business2.Buys material on account from River Lumber for $1,5003.Pays monthly rent on warehouse $6004.Pays monthly rent on office $1,0005.Pays River Lumber on account $5006.Pays Hydro of $6507.Obtains a loan from Bank of Montreal for $5,0008.Pays advertising bill $2009.Buys concrete (Ace Concrete) for $200 with cash10.Owner invests an additional $2,000 in the business

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