Use the business transactions below to: 1. Stockholders invest $40,000 in cash in starting a real estate office operating as a corporation.
2. Purchased $500 of supplies on credit.
3. Purchased equipment for $25,000, paying $3,500 in cash and signed a 30-day, $21,500, note payable.
4. Real estate commissions billed to clients amount to $4,000.
5. Paid $700 in cash for the current month's rent.
6. Paid $250 cash on account for office supplies purchased in transaction 2.
7. Received a bill for $800 for advertising for the current month.
8. Paid $2,500 cash for office salaries.
9. Paid $1,200 cash dividends to stockholders.
10. Received a check for $2,000 from a client in payment on account for commissions billed in transaction 4.

We have to journalize the transactions:

1. Stockholders invest $40,000 in cash in starting a real estate office operating as a corporation.

Account                              Debit          Credit

Cash                                   40,000

Common Stock                                     40,000

2. Purchased $500 of supplies on credit.

Account                              Debit          Credit

Supplies                              500

Accounts Payable                                  500

3. Purchased equipment for $25,000, paying $3,500 in cash and signed a 30-day, $21,500, note payable.

Account                              Debit          Credit

Equipment                          25,000

Cash                                                      3,500

Accounts Payable                                3,500

4. Real estate commissions billed to clients amount to $4,000.

Account                              Debit          Credit

Accounts Receivable        4,000

Service Revenue                                  4,000

5. Paid $700 in cash for the current month's rent.

Account                              Debit          Credit

Cash                                   700

Rent Expense                                        700

6. Paid $250 cash on account for office supplies purchased in transaction 2.

Account                              Debit          Credit

Cash                                                      250

Accounts Payable              250

7. Received a bill for $800 for advertising for the current month.

Account                              Debit          Credit

Advertising Expense          800

Accounts Payable                                 800

8. Paid $2,500 cash for office salaries.

Account                              Debit          Credit

Cash                                                       2,500

Wages Expense                 2,500

9. Paid $1,200 cash dividends to stockholders.

Account                              Debit          Credit

Cash                                    1,200

Dividends                                              1,200

10. Received a check for $2,000 from a client in payment on account for commissions billed in transaction 4.

Account                              Debit          Credit

Cash                                   2,000

Accounts Receivable                            2,000

answer: d. characteristics of guests

explanation: it is directly related to the spending characteristics of attendees who fall into each of these categories:

i think the answer is a. science center.