Question: On July 1, 2020, Academic Learning Services entered its second month of operations. On July 31, 2020, Brean Allarie, the owner, finalized the company's records
On July 1, 2020, Academic Learning Services entered its second month of operations. On July 31, 2020, Brean Allarie, the owner, finalized the company's records that showed the following items. Accounts payable Accounts receivable Cash Computer equipment Furniture Breanne Allarie, capital, June 30, 2020* Office rent expense Owner's investments during July 2020 Owner's withdrawals Supplies Textbook rental revenue Tutoring revenue Tutors' wages expense Utilities expense $ 3,250 5,500 5,100 5,700 5,300 21,400 6,000 4,700 4,500 2,680 650 7,700 1,890 1,030 Prev 1 of 6 Next > !!! On July 1, 2020, Academic Learning Services entered its second month of operations. On July 31, 2020, Brean Allarie, the owner, finalized the company's records that showed the following items. Accounts payable Accounts receivable Cash Computer equipment Furniture Breanne Allarie, capital, June 30, 2020* Office rent expense Owner's investments during July 2020 Owner's withdrawals Supplies Textbook rental revenue Tutoring revenue Tutors' wages expense Utilities expense $ 3,250 5,500 5,100 5,700 5,300 21,400 6,000 4,700 4,500 2,680 650 7,700 1,890 1,030 Prev 1 of 6 Next >
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