Problem 3-6 (Part Level Submission)

On August 31, the balance sheet of Martinez Veterinary Clinic showed Cash $10,000, Accounts Receivable $2,700, Supplies $600, Equipment $6,000, Accounts Payable $4,600, Common Stock $14,050, and Retained Earnings $650. During September, the following transactions occurred.

1.		Paid $3,800 cash for accounts payable due.
2.		Collected $1,650 of accounts receivable.
3.		Purchased additional equipment for $2,200, paying $850 in cash and the balance on account.
4.		Performed services worth $8,800, of which $3,400 is collected in cash and the balance is due in October.
5.		Declared and paid a $1,000 cash dividend.
6.		Paid salaries $2,600, rent for September $1,100, and advertising expense $100.
7.		Incurred utilities expense for month on account $370.
8.		Received $10,000 from Capital Bank on a 6-month note payable

HADITH JOILLOIIIII ANTONIO ANTIMIT AIHIL.IIIIII QUILLINUM