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Nov 1 joe amirkhani invested 5000dollar cash in the business and contributed equipment valued at...

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Accounting

Nov 1 joe amirkhani invested 5000dollar cash in the business and contributed equipment valued at 2300 dollar

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Joe's Bike Repairs opened for business on November 1, 2021. The following transactions occurred in November: Nov 1 Joe Amirkhani invested $5,000 cash in the business and contributed equipment valued at $2,300. Nov 3Purchased supplies for cash $560. Nov 5 Completed services for customers who paid cash $400. Nov 6 Paid $660 for a one-year insurance policy. The policy takes effect November 1 and will expire October 31, 2022. Nov 8 Completed services for a major customer and invoiced the customer $1,000. Nov 15 Paid for printing advertising brochures $125. The brochures were distributed the same day. Nov 20 Received a bill from the utilities company for November utilities in the amount of $70. The amount is due December 4. Nov 25 Entered into a contract with a new customer who will use Joe's services for repairs on their entire fleet of rental bikes. The customer paid $800 in advance for repairs to be completed in December. Nov 30 Joe withdrew $1,200 for personal use. Nov 30 Received $600 cash from the customer billed on November 8

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