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ACCT 216 WEEK 6 HOMEWORK
During March 2013, JZ Inc. completed the following transactions:
a. 3/1/13 – Purchased a new piece of equipment for $75,000 signing a six month, 7% note payable.
b. 3/10/13 – Issued 10,000 shares of $2.00 par stock at $9.00 per share.
c. 3/15/13 – Received an invoice for their telephones for $375.00 that will be paid next month.
d. 3/16/13 – Sold $450,000 in product sales and accrued 6% for warranty liability