quiz

Tomi wijaya opened Tomi's Cleaning Sevice, Ltd. on August 1, 2018. During August, the company completed the following transactions.

August   1 Shareholders Invested $14.000 in the business in exchanges for ordinary shares
              1 Purchased a used Car for $7.500, paying $5.000 and the balance on account.
              3 Purchased cleaning supplies for $1.500 cash.
              7 Paid $2.000 on a one - year insurance policy, effective August 1.
            15 Billed customers $4.300 for cleaning services performed.
            19 Paid $2.300 of amount owned on car.
            21 Paid $1.800 for employee salaries.
            22 Collected $4.300 from customers billed on August 15.
            30 Paid Gasoline for this month on the car, $320
            31 Paid Utilities Expense this month, $300.