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0 CPF2-41 (similar to) Question Help Alice and Zander decide that they will create a new corporation Calle Cance Company, CCC
i More Info Nov. 1 Nov. 2 Nov. 3 Nov. 4 Nov. 7 Nov. 13 Nov. 15 Nov. 16 Nov. 20 Nov. 22 Received $22,000 cash to begin the com
i More Info - X Dec. 1 Dec. 1 Dec. 2 Dec. 4 Dec. 9 Dec. 15 Alice and Zander contributed land on the river (worth $60,000) and
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Date Accounts Debit (Amount in $) Credit (Amount in$)
Nov 1 Cash 22000
Common Stock 22000
Nov 2 Rent Expense 700
Cash 700
Nov 3 Canoes 6720
Cannoes account payable 6720
Nov 4 Office Supplies 1000
Office Supplies Payable 1000
Nov 7 Cash 1200
Canoes rental Revenue 1200
Nov 13 wages 2100
Cash 2100
Nov 15 Dividend 350
Cash 350
Nov 16 Utilities 180
Utilities Payable 180
Nov 20 Cell phone Expense 130
Cell phone expense payable 130
Nov 22 Canoes rent receivable 3500
Tiny toon watch 3500
Nov 26 Canoes accounts payable 2000
Cash 2000
Nov 28 Cash 1800
Canoes rent receivable 1800
Tiny toon watch 1800
Canoes rental revenue 1800
Nov 30 Dividend 650
Cash 650
Dec 1 Land 60000
Building 55000
Common stock 115000
Dec 1 Prepaid rent 2100
Cash 2100
Dec 2 Canoes 5760
Notes payable 5760
Dec 4 Office supplies 1100
Office Supplies Payable 1100
Dec 9 cash 4700
Canoes rental revenue 4700
Dec 15 Canoes rent Receivable 3500
Customers 3500
Dec 16 cash 550
Deposit for canoes 550
Dec 18 Cell phone Expense payable 130
Utilities Payable 180
Cash 210
Dec 19 Office Supplies payable 1400
cash 1400
Dec 20 Cell phone Expense 250
Cell phone expense Payable 250
Utilities 300
Utilities Payable 300
Dec 31 Wages 2400
cash 2400
Dividend 700
Cash 700
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