10. Received and paid $1,400 in gas, electric and water bills. 11. The company sold $6,000 of merchandise at a retail price of $10,000. Customer paid $8,000 in cash at the time of sale, with the balance to be paid in 60 days 12. Purchased office furniture for $5,000 cash. 13. The company provides services to clients for $25,000 $10,000 had been paid by the client last month when entering into the contract 14. Provided services on credit to our best client, $5,000. 15. The Company receives a 55,000 payment for previously invoiced services 16. Purchased merchandise for resale on 90-day terms, $10,000 17. Paid for a one-year insurance policy, $1,200. Coverage begins today. 18. Received invoice for CEO's personal tax accounting, $1,000. Terms are Net 30 19. Snow plowing bill for clearing snow from company parking lot is paid, $500, Bill was previously received 20. Paid off short-term bank loan, $10,300. $10.000 was principal and $300 was accrued interest