There is a Word document further down this page, just above the Chapter 1 Test...

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Accounting

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There is a Word document further down this page, just above the Chapter 1 Test that will make this problem easier to do. Submit this work either as a completed Word document or, if you prefer, you can print out the Word document, fill it in with a dark pen or pencil, take a picture of the work with your cellphone, and submit the picture file below. If you do this using an iPhone, make sure the picture is not in a HEIC format. (To change the settings: Scroll down to "Camera," tap "Formats" and pick "most compatible" for JPEG) Bonjour Company began operations in September, 2021. The company decided to make use of the following accounts: Cash, Accounts Receivable, Supplies, Equipment, Accounts Payable, Capital Stock, and Retained Earnings. The following transactions took place during September, 2021 1. Sold Capital Stock for $19,600 cash. 2. Purchased supplies on account at a cost of $425 3. Bought Equipment necessary for the business for $9,000 by paying 20% down and placing the remainder on account 4. Provided services to customers on account, billing them for $2,990. 5. Paid wages of $2,100 6. Paid $425 on account 7. Received a utility bill for September electricity usage of $285, due by no later than October 10th. 8. Services provided to cash customers for $3,140 9. Collected $990 on account. 10. Took an inventory of supplies and found the $310 worth had been used and $115 worth remains in the supply closet. 11. Paid cash dividends of $850 Using the Word template document described above, fill in the columns, total them up, and check for balance

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