Question: this is BUS317 Topic 02 assignment -CH 03-04 on wileyplus h 03-04 Question 3 of 5 -/14 View Policies Current Attempt in Progress On August
h 03-04 Question 3 of 5 -/14 View Policies Current Attempt in Progress On August 31, the balance sheet of Sarasota Veterinary Clinic showed Cash $11,000, Accounts Receivable $3.700, Supplies $600, Equipment $6,000, Accounts Payable $5,600, Common Stock $14,950, and Retained Earnings $750. During September, the following transactions occurred. H Nm & wi o N oo Paid $2,400 cash for accounts payable due. Collected $2.250 of accounts receivable. Purchased additional equipment for $1,550, paying $750 in cash and the balance on account. Performed services worth $8,350, of which $3,500 is collected in cash and the balance is due in October. Declared and paid a $2,400 cash dividend. Paid salaries $1,750, rent for September $1,200, and advertising expense $150. Incurred utilities expense for month on account $330. Received $13,500 from Capital Bank on a 6-month note payable. 6. (a) Prepare a tabular analysis of the September transactions beginning with August 31 balances. Of a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Accounts Receivable Supplies Cash
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