Selected transactions for Marigold , an interior decorator corporation , in its first month of...
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Accounting
Selected transactions for Marigold , an interior decorator corporation , in its first month of business, are as follows. 1 Issued stock to investors for $13,000 in cash . 2 Purchased used car for $10,600 cash for use in business . 3. Purchased supplies on account for $350. 4. Billed customers $3,850 for services performed . Paid $110 cash for advertising at the start of the business Received $1,430 cash from customers billed in transaction (4) 7. Paid creditor $410 cash on account . 8.Paid dividends of $370 cash to stockholders
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