On August 31, the balance sheet of Blue Spruce Veterinary Clinic showed Cash $7,380, Accounts Receivable...

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On August 31, the balance sheet of Blue Spruce Veterinary Clinic showed Cash $7,380, Accounts Receivable $1,394, Supplies $492, Equipment $4,920, Accounts Payable $2,952, Common Stock $10,660, and Retained Earnings $574. During September, the following transactions occurred. Paid $2,378 cash for accounts payable due. Collected $1,066 of accounts receivable. Purchased additional equipment for $1,722, paying $656 in cash and the balance on account. 4. Performed services worth $5,986, of which $2,050 is collected in cash and the balance is due in October. 1. 2. 3. 5. 6. 7. 8. Paid a $328 cash dividend. Paid salaries $1,394, rent for September $738, and advertising expense $164. Incurred utilities expense for month on account $139. Received $8,200 from Capital Bank on a 6-month note payable. Revenues Service Revenue Expenses Total Expenses Net Income /(Loss) BLUE SPRUCE VETERINARY CLINIC Income Statement For the Month Ended September 30, 2022 69 +A $ BLUE SPRUCE VETERINARY CLINIC Retained Earnings Statement $ BLUE SPRUCE VETERINARY CLINIC Balance Sheet Assets Liabilities and Stockholders' Equity S $ On August 31, the balance sheet of Blue Spruce Veterinary Clinic showed Cash $7,380, Accounts Receivable $1,394, Supplies $492, Equipment $4,920, Accounts Payable $2,952, Common Stock $10,660, and Retained Earnings $574. During September, the following transactions occurred. Paid $2,378 cash for accounts payable due. Collected $1,066 of accounts receivable. Purchased additional equipment for $1,722, paying $656 in cash and the balance on account. 4. Performed services worth $5,986, of which $2,050 is collected in cash and the balance is due in October. 1. 2. 3. 5. 6. 7. 8. Paid a $328 cash dividend. Paid salaries $1,394, rent for September $738, and advertising expense $164. Incurred utilities expense for month on account $139. Received $8,200 from Capital Bank on a 6-month note payable. Revenues Service Revenue Expenses Total Expenses Net Income /(Loss) BLUE SPRUCE VETERINARY CLINIC Income Statement For the Month Ended September 30, 2022 69 +A $ BLUE SPRUCE VETERINARY CLINIC Retained Earnings Statement $ BLUE SPRUCE VETERINARY CLINIC Balance Sheet Assets Liabilities and Stockholders' Equity S $

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