a. Deposits were made for related utilities (phone, water, sewage, etc.) in the amount $1,500 prior to December 31, 2019.

b. The company receives an invoice for utilities on January 30th for $1,000 due on the 10th of February.

How do I record the following transactions in the financial worksheet provided?

Thank you! :)

Balance Sheet Assets Accounts Reveivable Income Statement Revenue minus Expenses = Net Income Legal Advertising Fees Rent Utilities Depreciation Accumulated Equipment Depreciation Liabilities Wages Payable Accounts Payable Equity Common Retained Stock Earnings 104,100 Notes Payable Cost of Revenue Goods Sold T# Inventory Deposits Wages Interest Net Income Cash 104,100 1 (4,500) 4,500 60,000 60,000 15,000 (7,000) 15,000 (7,000) 9 10 11 8,000 8,000 8,000 8,000 (8,000) 8,000 12 13 14 15 16 17 18 19 20 21 91,600 15,000 53,000 4,500 - 60,000 - 104,100 16,000 15,000 (7,000) 8,000 16,000 027 must balance with Z27