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3 , 4 , 7 Transaction Analysis, T Accounts, and Trial Balance P 8 . B . Turner opened a school for administrative skills called

3,4,7 Transaction Analysis, T Accounts, and Trial Balance
P8. B. Turner opened a school for administrative skills called Blitz Secretarial Training.
a. Turner contributed the following assets to the business:
b. Found a location for his business and paid the first month's rent, $520.
c. Paid for an advertisement announcing the opening of the school, $380.
d. Received applications from three students for a four-week secretarial program and
two students for a ten-day keyboarding course. The students will be billed a total of
$2,600.
e. Purchased supplies on credit, $660.
f. Billed the enrolled students, $3,480.
g. Purchased a second-hand computer, $960, and office equipment, $760, on credit.
h. Paid for the supplies purchased on credit in e, $660.
i. Paid cash to repair a broken computer, $80.
j. Received partial payment from students previously billed, $2,160.
k. Paid the utility bill for the current month, $180.
Paid an assistant one week's salary, $880.
m . Made a cash withdrawal of $600.
REQUIRED
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