For each of the following items indicate whether or not

For each of the following items indicate whether or not

For each of the following items, indicate whether or not that item would be considered to be a
transaction at Highpoint Lawn Maintenance.
a) Highpoint Lawn Maintenance files its articles of incorporation with the state.
b) Highpoint Lawn Maintenance acquires a new lawn tractor by signing a note payable with the
lawn equipment company.
c) Molly Anderson, a customer, signs a contract for next season's lawn service with Highpoint
Lawn Maintenance.
d) Highpoint Lawn Maintenance pays its employees an annual bonus on December 31.
e) A customer, Billy Harrison, gives Highpoint Lawn Maintenance a check for $540 to prepay for
his lawn maintenance contract for the upcoming season.
f) Highpoint Lawn Maintenance pays $250 for last month's electric bill.
g) Highpoint Lawn Maintenance selects a new supplier for its lawn chemicals.
h) The controller for Highpoint Lawn Maintenance pays the bill for a catered lunch at its annual
training event for employees.

For each of the following items indicate whether or not

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