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Calculating new balances after each transaction

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Question 1: Account for each transaction, calculating new balances after each transaction for the proprietorship of Matthew Bond, Attorney.

Feb. 4 Received 8100.000 cash from former law partners.

5 Deposited 880.000 cash in a new business bank account titled Matthew Bond. Attorney

6 Paid 8300 cash for letterhead stationery supplies for the new law office.

7 Purchased office furniture for the law office. Bond agreed to pay the account payable. 87.000. within 3 months.

10 Sold 500 shares of Disney stock, which he had owned for several years. receiving 875.000 cash. Deposited the cash from the sale of stock in his personal bank account.

12 A representative of a large company telephoned Bond and told him of the company's intention to hire Matthew Bond as its attorney.

18 Finished court hearings on behalf of a client and submitted a bill for legal services. $5.000. Bond expected to collect from this client within 2 weeks.

25 Paid office rent. 81.000.

28 Withdrew 810.000 cash from the business for personal use.

Reference no: EM132489870

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