View Policies Current Attempt in Progress Selected transactions for Cullumber Ltd. during its first month of operations are presented below: Mar. 2 Issued common shares for $15,000 cash. 4 Purchased used car for $1,000 cash and $8,000 on account, for use in the business. 10 Billed customers $2,600 for services performed. 13 Paid $225 cash to advertise business opening. 25 Received $1,000 cash from customers billed on March 10. 27 Paid amount owing for used car purchased on March 4. 30 Received $600 cash from a customer for services to be performed in April. 31 Declared and paid $2,100 of dividends to shareholders.