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2 of 4 (2 complete) or NGC for short. Nature Gnome Company is a service based company that rents canoes for use on local lakes

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2 of 4 (2 complete) or NGC for short. Nature Gnome Company is a service based company that rents canoes for use on local lakes and rivers Th lick the id December Transactions - X for Decer Dec 1 Amy contributed land on the river (worth $110,000) and a small building to use as a rental office (worth $154,000) in exchange for owner's equity 1 Prepaid $2,100 for three months' rent on the warehouse where the company stores the canoes 2 Purchased canoes, signing a note payable for $6,240 4 Purchased office supplies on account for $800 9 Received $4,900 cash for canoe rentals to customers 15 Rented canoes to customers for $3,800 but will be paid next month 16 Received a $400 deposit from a group that will use the canoes next month 18 Paid the utilities and telephone bills from last month. 19 Paid other accounts payable in the amount of $3,000 20 Received bills for the telephone ($250) and utilities ($280), which will be paid later 31 Paid salaries of $1,700 31 Won withdrew cash of $550 from the business uilding to u Print Done click CheCRIST Clear All BI E 2 of 4 (2 complete) or NGC for short. Nature Gnome Company is a service based company that rents canoes for use on local lakes and rivers Th lick the id December Transactions - X for Decer Dec 1 Amy contributed land on the river (worth $110,000) and a small building to use as a rental office (worth $154,000) in exchange for owner's equity 1 Prepaid $2,100 for three months' rent on the warehouse where the company stores the canoes 2 Purchased canoes, signing a note payable for $6,240 4 Purchased office supplies on account for $800 9 Received $4,900 cash for canoe rentals to customers 15 Rented canoes to customers for $3,800 but will be paid next month 16 Received a $400 deposit from a group that will use the canoes next month 18 Paid the utilities and telephone bills from last month. 19 Paid other accounts payable in the amount of $3,000 20 Received bills for the telephone ($250) and utilities ($280), which will be paid later 31 Paid salaries of $1,700 31 Won withdrew cash of $550 from the business uilding to u Print Done click CheCRIST Clear All BI E

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