Selected transactions for Sophies Dog Care are as follows during the month of March: Mar. 1 Paid
Question:
Selected transactions for Sophie’s Dog Care are as follows during the month of March:
Mar. 1 Paid the monthly rent of $1,200.
3 Performed dog grooming services for $160 on account.
5 Performed dog grooming services for cash of $75.
8 Purchased equipment for $300. The company paid cash of $100 and the balance was on account.
12 Received cash from the customers billed on March 3.
14 Paid salaries to employees of $525.
22 Paid utilities of $172.
26 Paid $220 for plumbing repairs.
28 Paid the balance of the amount owed from the equipment purchase on March 8.
30 Paid $1,800 for six months of insurance in advance.
Instructions
Journalize the transactions.
Step by Step Answer:
Accounting Principles Volume 1
ISBN: 9781119786818
9th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak