The copy center had the transactions listed below during the month of june. transactions john amos started the business with a cash investment of $59,000. purchased equipment for $21,500 on credit. performed services for $3,000 in cash. purchased additional equipment for $4,500 in cash. performed services for $5,000 on credit. paid salaries of $4,400 to employees. received $3,100 cash from charge account customers. paid $12,600 to a creditor on account. show how each transaction would be recorded in the accounting equation. (enter decreases to account balances with a minus sign.)

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P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.

Investors who put their own money into a startup are known as a. mannequins b. obligators c. angels d. borrowers