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Near-Time Flow is the breakthrough content and knowledge manager for individuals and groups. Flow enables you to author, gather, organize, share and publish the information you rely on – from documents and correspondences to web pages, images and files – in an intelligent and integrated manner. Flow incorporates a hypertext authoring system, web browser, RSS news and weblog reader, allowing most of your digital information needs to be met without leaving Flow.May 1 Stockholders invested $25,000 cash in exchange for common stock.2 Hired a secretary-receptionist at a salary of $2,000 per month.3 Purchased $2,500 of supplies on account from Read Supply Company.7 Paid office rent of $900 cash for the month.11 Completed a tax assignment and billed client $2,100 for services provided.12 Received $3,500 advance on a management consulting engagement.17 Received cash of $1,200 for services completed for H. Arnold Co.31 Paid secretary-receptionist $2,000 salary for the month.31 Paid 40% of balance due Read Supply Company.Jane uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126Supplies,No. 201 Accounts Payable,No. 205 Unearned Revenue,No. 311 Common Stock,No. 400Service Revenue, No. 726 Salaries Expense, and No. 729 Rent Expense.
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