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6. Paid $2,000 owed to the supplier in (4). 7. The company received $9,000 cash in advance for services to be provided next period. 8.

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6. Paid $2,000 owed to the supplier in (4). 7. The company received $9,000 cash in advance for services to be provided next period. 8. The company paid $500 cash for dividends. 9. The company paid $1,500 for employees' wages and salaries. 10. The company paid $800 utility expense. Balance Sheet Retained Noncash Contributed Earnings (Or Cash Asset + Asset Liabilities +Capital + Earned Capital) Income Statement Revenue Expense Net Income 6 9 10

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