Business, 18.02.2022 16:10 leo4687

The following transactions pertain to the operations of Ewing Company for Year 2: Acquired $30,000 cash from the issue of common stock. Provided $65,000 of services on account. Paid $22,000 cash on accounts payable. Performed services for $8,000 cash. Collected $51,000 cash from accounts receivable. Incurred $37,000 of operating expenses on account. Paid $6,500 cash for one year’s rent in advance. Paid a $4,000 cash dividend to the stockholders. Paid $1,200 cash for supplies to be used in the future. Recognized $3,100 of accrued salaries expense.

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The following transactions pertain to the operations of Ewing Company for Year 2: Acquired $30,000 c...

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