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city park yoga inc.

our Name Accounting 201 Assessment Qele Problems ent, she opened her new spacious studio in e and opened her studio for clay City Park Yoga, Inc. Wren Bleaches yoga and meditation Because she likes the quiet and contemplative outdoor environment, she opened her i ne City Park. She named her new business, City Park Yoga, Inc. and opened be beginning of September of 2020, w Instructions: Complete Parts 1 - 9 as listed in this packet Part 1 each individuale Record your journal entries in the general journal provided from the description ***SKIP A LINE BETWEEN EACH JOURNAL ENTRY RAREA in exchangloon Sol. Wren Bliss opened her business by investing 20,000 cash and $14,000 of equipment in stock Sort I. Wren paid $4,500 cash in advance to pay for three months' rent on the studio Sept. 1. Wren paid $3,000 cash in advance to pay for 12 months of insurance for her business. 2 City Park Community College paid Wren S10,000 in advance to teach yoga classes over the next 10 Wren is to begin teaching classes immediately. Sept. 3 Wren bought $2,500 of supplies on account. Sent 4. A City Park Community College professor hired Wren to provide meditation sessions with her accountine students so all the students could all make an "A" on their Accounting Cycle Problems, Wren completed the classes and was paid $1,000 in cash. Sept. 5. The NOLA Foundation hired Wren to teach yoga classes for expectant mothers. The agreement between Wren and the NOLA Foundation stated that Wren would bill for her services after the classes we completed Sept. 17. Wren completed teaching 20 classes for the NOLA Foundation for expectant mothers for $125.00 cach and sent a bill to the NOLA Foundation Sept. 19. Wren paid $500 towards her account incurred previously for supplies purchased on September or supplies purchased on September 3rd. Sept. 21. The NOLA Foundation sent Wren a check for $1,000 in partial py classes for expectant mothers. en a check for $1,000 in partial payment of the bill sent previously for yoga Sept. 27. Wren paid $300 in cash for the studio's monthly utility bill. Sept. 30. The corporation paid Wren a $5,000 dividend

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