Business, 16.12.2019 19:31 misle

Ming chen began a professional practice on june 1 and plans to prepare ﬁnancial statements at the end of each month. during june, ming chen (the owner) completed these transactions. a. owner invested $60.000 cash in the company along with equipment that had a $15.000 market value. b. the company paid $1,500 cash for rent of office space for the month. c. the company purchased $10.000 of additional equipment on credit (payment due within 30 days).d. the company completed work for a client and immediately collected the $2.500 cash earned. e. the company completed work for a client and sent a bill for $8,000 to be received within 30 days. f. the company purchased additional equipment for $6,000 cash.9. the company paid an assistant 53.000 cash as wages for the month. h. the company collected $5.000 cash as a partial payment for the amount owed by the client in transaction e. i. the company paid $10,000 cash to settle the liability created in transaction c. j. owner withdrew 51.000 cash from the company for personal use. requiredcreate the following table similar to the one in exhibit 1.9.

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