What is under of fahed invested 500000 in a new business called fahed fixes fast cars
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August 1: Fahed invested 500,000 in a new business called Fahed Fixes Fast Cars.
August 2: Fahed transferred some mechanic tools worth 15,000 from his home to the business.
August 4: The business purchased repair equipment valued at 70,000 on account from ‘Tools R Us’
August 5: The business purchased mechanic tools for 25,000 in cash.
August 6: The business wrote check 101 for 6,000 for rent of the mechanic shop.
August 10: The business received its first customer and made a minor repair for a customer’s car for 5,000 in cash.
August 11: The business repaired a car for 14,000 on account for customer Kobe Bryant.
August 12: The business wrote check 102 in the amount of 10,000 as partial payment for the repair equipment purchased on August 4th from ‘Tools R Us.’
August 14: The business wrote check 103 in the amount of 4,800 for the insurance bill for the month.
August 15: The business repaired a customer’s car for 19,200 on account for customer Derek Jeter.
August 20: The business received a check in the amount of 8,500 as partial payment for the repairs previously made for customer Kobe Bryant on August 11th.
August 21: The business paid the employee salaries for $12,000 in cash.
August 22: Fahed withdrew $4,000 in cash for personal use.
August 23: The business repaired a customer’s car for $7,800 in cash.
August 24: The business received full payment for the repairs made for Derek Jeter on August 15th.
August 25: The business received a check for $5,500 for the repairs previously provided on account for customer Kobe Bryant to complete the partial payment on August 20.
August 27: The business paid in cash for $ 8,000 for repair equipment purchased on account for Tools R Us on August 12.
August 28 : The business wrote a check 104 for $2,450 to purchase office supplies.
August 29 : The business paid an electricity bill for $4,700 in cash.
August 31: The business repaired a car of $ 11,000 on account for the costumer Tom Brady.
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August 2: Fahed transferred some mechanic tools worth 15,000 from his home to the business.
August 4: The business purchased repair equipment valued at 70,000 on account from ‘Tools R Us’
August 5: The business purchased mechanic tools for 25,000 in cash.
August 6: The business wrote check 101 for 6,000 for rent of the mechanic shop.
August 10: The business received its first customer and made a minor repair for a customer’s car for 5,000 in cash.
August 11: The business repaired a car for 14,000 on account for customer Kobe Bryant.
August 12: The business wrote check 102 in the amount of 10,000 as partial payment for the repair equipment purchased on August 4th from ‘Tools R Us.’
August 14: The business wrote check 103 in the amount of 4,800 for the insurance bill for the month.
August 15: The business repaired a customer’s car for 19,200 on account for customer Derek Jeter.
August 20: The business received a check in the amount of 8,500 as partial payment for the repairs previously made for customer Kobe Bryant on August 11th.
August 21: The business paid the employee salaries for $12,000 in cash.
August 22: Fahed withdrew $4,000 in cash for personal use.
August 23: The business repaired a customer’s car for $7,800 in cash.
August 24: The business received full payment for the repairs made for Derek Jeter on August 15th.
August 25: The business received a check for $5,500 for the repairs previously provided on account for customer Kobe Bryant to complete the partial payment on August 20.
August 27: The business paid in cash for $ 8,000 for repair equipment purchased on account for Tools R Us on August 12.
August 28 : The business wrote a check 104 for $2,450 to purchase office supplies.
August 29 : The business paid an electricity bill for $4,700 in cash.
August 31: The business repaired a car of $ 11,000 on account for the costumer Tom Brady.
Hope this question's answer are helpful
And press the point of thanks
And please bainalest
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