Question: hi! this is a really long question ive been stuck on and i onpy get ine attempt. **(if a transaction results in a decrease jn


- / 100 Question 1 of 1 On August 31, the balance sheet of Flounder Veterinary Clinic showed Cash $8,460, Accounts Receivable $1,598, Supplies $564, Equipment $5,640, Accounts Payable $3,384, Common Stock $12,220, and Retained Earnings $658. During September, the following transactions occurred. 1. 2. 3. 4. 5. Paid $2,726 cash for accounts payable due. Collected $1,222 of accounts receivable. Purchased additional equipment for $1,974, paying $752 in cash and the balance on account. Performed services worth $6,862, of which $2,350 is collected in cash and the balance is due in October Paid a $376 cash dividend. Paid salaries $1,598, rent for September $846, and advertising expense $188. Incurred utilities expense for month on account $157. Received $9.400 from Capital Bank on a 6-month note payable. 6. 7. 8. Prepare a tabular analysis of the September transactions beginning with August 31 balances. Include margin explanations for any changes in revenues or expenses. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. Post entries in the order presented in the question.) Assets Cash Accounts Receivable + Supplies Equipm Bal $ $ $ $ $ 1. 2 3. 4. 5. 6. 1 2. 3 4 5. 6. 7. B. $ $ $ Save for Later Attempts: 0 of 1 used Submit
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