Jul. 1 |
Suzie purchases $14,500 of Great Adventures' common stock using cash she saved during college.
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1 |
Tony purchases $14,500 of Great Adventures' common stock by borrowing from a local bank using his personal vehicle as collateral.
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1 |
Suzie purchases a one-year insurance policy for $6,000 to cover injuries to participants during outdoor clinics.
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2 |
The company pays legal fees of $1,800 associated with incorporation.
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4 |
Suzie purchases office supplies of $1,200 on account. |
7 |
Suzie pays advertising of $320 to a local newspaper for an upcoming mountain biking clinic to be held on July 15. Attendees will be charged $40 the day of the clinic.
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8 |
Tony purchases 10 mountain bikes, paying $11,900 cash. |
15 |
On the day of the clinic, Great Adventures receives cash of $2,000 from 50 bikers. Tony conducts the mountain biking clinic.
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22 |
Because of the success of the first mountain biking clinic, Tony holds another mountain biking clinic and the company receives $2,350.
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24 |
Suzie pays advertising of $820 to a local radio station for a kayaking clinic to be held on August 10. Attendees can pay $140 in advance or $190 on the day of the clinic.
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30 |
Great Adventures receives cash of $8,400 in advance from 60 kayakers for the upcoming kayak clinic.
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