Analyze mary’s househelp expenses
Mary Coleman opened Mary’s Maids Cleaning Service on July 1, 2014. During July, the company completed the following transactions.July 1 Stockholders invested $15,000 cash in the business in exchange for common stock.1 Purchased a used truck for $10,000, paying $3,000 cash and the balance on account.3 Purchased cleaning supplies for $1,700 on account.5 Paid $1,800 … Read more