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Received $50,000 cash from customers on 1/1 for subscriptions that had already been earned in 2014.
Received $50,000 cash from customers on 1/1 for subscriptions that had already been earned in 2014.2.Purchased 10 new computer servers for $33,500 on 1/2; paid $10,000 cash and signed a three-year note for the remainder owed.
3.Paid $10,000 for an Internet advertisement run on 1/3.
4.On January 4, purchased and received $3,000 of supplies on account.5.Received $170,000 cash on 1/5 from customers for service revenue earned in January.
6.On January 6, paid $3,000 cash to a supplier on account.
7.On January 7, sold 15,000 subscriptions at $15 each for services provided during January. Half was collected in cash and half was sold on account.8.Paid $378,000 in wages to employees on 1/30 for work done in January.9.On January 31, received an electric and gas utility bill for $5,350 for January utility services. The bill will be paid in February
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