Celia Pints opened We-Buy, You-Pay Shopping Services. For a fee that is based on the amount of research and shopping time required, Pints and her associates will shop for almost anything from groceries to home furnishings.

Business is particularly heavy around Christmas and in early summer. The business operates from a rented store front. The associates receive a commission based on the revenues they produce and a mileage reimbursement for the use of their personal automobiles for shopping trips. Pints decided to use the following accounts to record transactions.

The following transactions are for the month of December 20--.

REQUIRED 

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Assets Cash Owner's Equity Celia Pints, Capital Accounts Receivable Office Equipment Celia Pints, Drawing Revenue Computer Equipment Shopping Fees Liabilities Expenses Accounts Payable Rent Expense Notes Payable Telephone Expense Commissions Expense Utilities Expense Travel Expense