$11$:$42$

ACCOUNTING FUNDAMENTALS A: $7...$

Mastery Problem $1-$M $($Randomized$)$

$($i$)$

Assignment

pts $$

Average $/2$

$-$M MASTERY PROBLEM $($LO$4,5,6),$ p$.27$

QUESTION ASSETS

Transactions

Paid cash for rent, $$425.$

Received cash from owner as an investment, $$700.$

Paid cash for telephone bill, $$55.$

Received cash from sales, $$1,100.$

Bought supplies on account from Paws & Claws Co$.,$ $$295.$

Sold services on account to Dr$.$ Shephard, $$325.$

Paid cash for advertising, $$410.$

Paid cash for supplies, $$175.$

Received cash on account from Dr$.$ Shephard, $$190.$

Paid cash on account to Paws & Claws Co$.,$ $$850.$

Paid cash for one month of insurance, $$140.$

Received cash from sales, $$525.$

Owner withdrew equity in the form of cash, $$825.$

t Stein operates a service business called Doggywood Pet Suites. Do tion. For each transaction, complete the following: $($a$)$ Analyze the $t$

Mastery Problem $1-$M $($R$$ndomized$)$