Hatcher Tool Service
the Following Transactions Occurred During June 2013 $\quad$

question 161

Essay

Hatcher Tool Service
The following transactions occurred during June 2013:
June 1 $\quad$ Purchased a service truck for $\$ 25,500$ , paying $\$ 5,500$ now and is suing a note payable for the balance; the note is due in monthly installments of $\$ 500$ plus $10 \%$ interest on the unpaid principal balance.

June 8 $\quad$ Performed services of $\$ 30,400$ . Received $\$ 6,400$ cash from customers and $\$ 24,000$ for customers billed for completed services.

June 22 $\quad$ Issued common stock in exchange for land having a fair value of $\$ 70,000$ .

June 30 $\quad$ Received an invoice for $\$ 2,400$ from the company's advertising agency for radio and television adswhich were run during the month; the invoice is che in 30 days.
-Refer to Hatcher Tool Service.Prepare a trial balance in proper format.Assume that there are no additional accounts or balances other than those created from the June transactions.

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Definitions:

Coefficient Of Variation

A standardized measure of dispersion of a probability distribution or frequency distribution, calculated as the ratio of the standard deviation to the mean, expressed as a percentage.

Range

The difference between the highest and lowest values in a dataset.

Coefficient Of Variation

A standardized measure of the dispersion of a probability distribution or frequency distribution.

Chebysheff's Theorem

A statistical theorem that provides a minimum probability for the distribution of values within k standard deviations from the mean for any data set, regardless of the distribution's shape.