Dic 02 Assignment - Ch 03-04 Question 3 of 5 < Snow Attempt History Current Attempt in Progress On August 31, the balance sheet of Bramble Veterinary Clinic showed Cash $12,000, Accounts Receivable $ Equipment $6,000, Accounts Payable $6,600, Common Stock $16,050, and Retained Earnings $650. During. following transactions occurred. 1. Paid $3,500 cash for accounts payable due. 2. 3. Collected $2,050 of accounts receivable. Purchased additional equipment for $2,350, paying $900 in cash and the balance on account. 4. Performed services worth $7,900, of which $2,550 is collected in cash and the balance is due in Octobe Declared and paid a $2,250 cash dividend. 5. 6. 7. 828 Paid salaries $2,100, rent for September $1,150, and advertising expense $100. Incurred utilities expense for month on account $180. 8. Received $12,000 from Capital Bank on a 6-month note payable.