=+ 7. Total of Credit column: $43,338.10 The following business transactions were completed by Dodge City Realty

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=+✔ 7. Total of Credit column: $43,338.10 The following business transactions were completed by Dodge City Realty during August 2010:

Aug. 1. Purchased office supplies on account, $2,100.

2. Paid rent on office for month, $4,000.

3. Received cash from clients on account, $44,600.

5. Paid annual insurance premiums, $5,700.

9. Returned a portion of the office supplies purchased on August 1, receiving full credit for their cost, $400.

17. Paid advertising expense, $5,500.

23. Paid creditors on account, $4,950.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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