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Problem 3-1A On April 1, DeDonder Travel Agency Inc. was established. These transactions were completed...

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Problem 3-1A On April 1, DeDonder Travel Agency Inc. was established. These transactions were completed during the month 1. Stockholders invested $30,000 cash in the company in exchange for common stock. 2. Paid $900 cash for April office rent. 3. Purchased office equipment for $3,400 cash. 4. Purchased $200 of advertising in the Chicago Tribune, on account. 5. Paid $500 cash for office supplies. 6. Performed services worth $12,000. Cash of $3,000 is received from customers, and the balance of $9,000 is billed to customers on account. 7. Paid $400 cash dividends. 8. Paid Chicago Tribune amount due in transaction (4). 9. Paid employees' salaries $1,800. 10. Received $9,000 in cash from customers billed previously in transaction (6)

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