CourseLover

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    Devry University
    Sep-2004 - Aug-2010

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Category > Management Posted 21 Dec 2017 My Price 10.00

balance sheet of transactions

Can you send me a balance sheet of these transactions for my practice homework so i can use it in my actual homework.

 

On August 31, the balance sheet of Donahue Veterinary Clinic showed Cash $9,000, Accounts Receivable $1,700, Supplies $600, Equipment $6,000, Accounts Payable $3,600, Common Stock $13,000, and Retained Earnings $700. During September, the following transactions occurred.

1. Paid $2,900 cash for accounts payable due.
2. Collected $1,300 of accounts receivable.
3. Purchased additional office equipment for $2,100, paying $800 in cash and the balance on account.
4. Earned revenue of $7,300, of which $2,500 is collected in cash and the balance is due in October.
5. Declared and paid a $400 cash dividend
6. Paid salaries $1,700, rent for September $900, and advertising expense $200.
7. Incurred utilities expense for month on account $170.
8.

Received $10,000 from Capital Bank on a 6-month note payable.

Answers

CourseLover
(12)
Status NEW Posted 21 Dec 2017 02:12 PM My Price 10.00

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