=+PR 4-6B Complete accounting cycle objs. 4, 5, 6 Chapter 4 Completing the Accounting Cycle 195 Oct. 1. Paid three months’ rent on a lease rental contract, $4,800.

2. Paid the premiums on property and casualty insurance policies, $2,700.

4. Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $3,150.

5. Purchased additional office equipment on account from Office Station Co.,

$1,250.

6. Received cash from clients on account, $2,000.

10. Paid cash for a newspaper advertisement, $325.

12. Paid Office Station Co. for part of the debt incurred on October 5, $750.

12. Recorded services provided on account for the period October 1–12, $5,750.

14. Paid part-time receptionist for two weeks’ salary, $900.

17. Recorded cash from cash clients for fees earned during the period October 1–17, $9,250.

18. Paid cash for supplies, $600.

20. Recorded services provided on account for the period October 13–20, $4,100.

24. Recorded cash from cash clients for fees earned for the period October 17–24,

$4,850.

26. Received cash from clients on account, $3,450.

27. Paid part-time receptionist for two weeks’ salary, $900.

29. Paid telephone bill for October, $250.

31. Paid electricity bill for October, $300.

31. Recorded cash from cash clients for fees earned for the period October 25–31,

$3,975.