Question: Current Attempt in Progress Grete Moore formed a dog grooming and training business called Grete Kanines on September 12024After consulting with a friend who had
Current Attempt in Progress Grete Moore formed a dog grooming and training business called Grete Kanines on September 12024After consulting with a friend who had taken introductory accountingGrete created a chart of accounts for the business as follows: No101 Cash; No112 Accounts Receivable; No130 Prepaid Insurance; No151 Equipment: No201 Accounts Payable: No209 Unearned RevenueNo. 301 GMoore, Capital: No. 306 GMoore, Drawings: No400 Service RevenueNo610 Advertising ExpenseNo726 Rent Expense: and No737 Utilities ExpenseDuring Septemberthe following events and transactions occurred Sept1 Grete transferred $9,710 from her personal bank account to a bank account unc 2 Signed a one-year rental agreement for $680 per monthPaid the first month's r 2 Paid $74
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