First state bank paid interest to levi co on a certificate

Reference no: EM13602800

1.Beth Mays purchased an automobile from Mills Bros. Auto Sales for $9,000.

2.Bill Becham loaned $15,000 to the business in which he is a stockholder.

3.First State Bank paid interest to Levi Co. on a certificate of deposit that Levi Co. has invested at First State Bank.

4.Southside Restaurant paid the current utility bill of $128 to Midwest Utilities.

5.Filmore, Inc., borrowed $50,000 from City National Bank and used the funds to purchase land from Tuchols Realty.

6.Jing Chu purchased $10,000 of common stock of International Sales Corporation from the corporation.

7.Bill Mann loaned $4,000 cash to his daughter.

8.Research Service Co. earned $5,000 in cash revenue.

9.Yang Imports paid $1,500 for salaries to each of its four employees.

10.Meyers Inc. paid a cash dividend of $3,000 to its sole shareholder, Mark Meyers.

Reference no: EM13602800

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