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1. October 2020 Transactions to be input October 7, 2020 - You invested $3,000 to start the business. Use Owner's Equity for the Category and

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1. October 2020 Transactions to be input October 7, 2020 - You invested $3,000 to start the business. Use Owner's Equity for the "Category and "Cash on Hand" for the "Account October 9, 2020 - Purchased a computer for $1.500 cash. Use the same procedure as in 1. to enter the purchase as "Other Tangible Capital Assets, created in Part 2 October 5, 2020-Paid $100 for one month of professional liability insurance. NO VENDOR REQUIRED. October 12, 2020 --Paid $300 deposit and first month business cell telephone and internet service to 3 Verizon October 13, 2020 - Paic $300 for 1 month of advertising in The Coll October 13, 2020 - Contracted with Clarion University to provide Dining and payroll services foras 5. month tris period 7. October 9, 2020 - Lessed Business vehicle for travel to and from Clarion University and other clients. The esse is an operating tease October 16, 2020 - Paid first vehicle sease payment of 5229. NO VENDOR REQUIRED but use the newly created account in Part 2 related to vehicle. October 16, 2020 - Received $1,500 from Clarion University representing payment of $1.000 for accounting services and $500 for payroll services. 1 Point - Use the Chert of Accounts under Accounting tab on the len scroll to income accounts, edit Sales to Accounting Services an edit "Consulting Income to Other Accounting income". Use Accounting Services for the $1000 income and use "Other Accounting income to the $500 payroll services. Clarion University IS THE CUSTOMER 10 October 16, 2020 - Purchases $300 inice supplies from Staples October 20, 2020 - Had additional Verison telephone land lines installed for a totalitation cost of $230 VENDOR IS VERIZON October 20, 2020 - Processed peytos for machine shop for the prior two-week period. Received $160, NO CUSTOMER REQUIRED October 20, 2020 - Processed payroll for local doctor's ce for the prior twee period. Received $129. NO CUSTOMER REQUIRED Integ October 21, 2016 - Received $1.000 homarion University represent payment of $1.000 services and $500 for pyros services Carton University is THE CUSTOMER October 10, 2020-sented to space for $350 per month October Apretat months in Enquirrependent) NO VENDOR REQUIRED the other current Settin AC

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