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24. 9/23/21 25. 9/23/21 Ck #1010 Ck #1011 26. 9/25/21 27. 9/30/21 Paid the balance to Betty's Bears. There are two invoices. Paid $400 for

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24. 9/23/21 25. 9/23/21 Ck #1010 Ck #1011 26. 9/25/21 27. 9/30/21 Paid the balance to Betty's Bears. There are two invoices. Paid $400 for fliers, posters and business cards. This is considered prepaid advertising. Received but did not pay the utility bill for the month, $120. Paid the first monthly installment on the computer equipment. The payment amount is $848. Of this amount, $48 is for interest and $800 is for principal. Make the check payable to Office Mart. Ck #1012 ACCOUNTING SOCIETY Chart of Accounts: use the account numbers listed below in the journal entries. Current Assets Stockholders' Equity 10000 Cash 39003 Common Stock 11000 Accounts Receivable 39005 Retained Earnings 12000 Inventory-Bears 39007 Dividends 12100 Inventory-Balloons 13100 Office Supplies 13200 Ribbon Supplies Revenue 14000 Prepaid Rent 40000 Sales 14100 Prepaid Insurance 14200 Prepaid Advertising Long-Term Assets 15000 Computer Equipment 17000 Accumulated Depreciation -Computer Equipment 15100 Office Fixtures 17100 Accumulated Depreciation Office Fixtures Expenses 50000 60100 60150 60200 60300 60350 60400 60500 60550 60600 60650 Cost of Goods Sold Legal Expense Office Supplies Expense Ribbon Supplies Expense Insurance Expense Wages Expense Credit Card Expense Advertising Expense Utility Expense Rent Expense Depreciation Expense-Computer Equipment Depreciation Expense-Office Fixtures Interest Expense Bank Service Fee - 60675 Current Liabilities 20000 Accounts Payable 21100 Note Payable - Wells Fargo Bank 21200 Note Payable - Office Mart 23100 Wages Payable 23200 Interest Payable 23300 Sales Tax Payable 23400 Utilities Payable 60700 60750 Long-Term Liabilities 27000 Mortgage Payable 27100 Notes Payable

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