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Assets Bal. $ 1. 2. 3. 4. 5. 6. 7. 8. + $ Accounts Receivable +$ Supplies + Equipme Stockholders' Equity Retained Earnings $910 On
Assets Bal. $ 1. 2. 3. 4. 5. 6. 7. 8. + $ Accounts Receivable +$ Supplies + Equipme Stockholders' Equity Retained Earnings $910 On August 31, the balance sheet of Martinez Veterinary Clinic showed Cash $11,700, Accounts Receivable $2,210, Supplies $780, Equipment $7,800, Accounts Payable $4,680, Common Stock $16,900, and Retained Earnings $910. During September, the following transactions occurred. 1. Paid $3,770 cash for accounts payable due. 2. Collected $1,690 of accounts receivable. 3. Purchased additional equipment for $2,730, paying $1,040 in cash and the balance on account. 4. Performed services worth $9,490, of which $3,250 is collected in cash and the balance is due in October. 5. Paid a $520 cash dividend. 6. Paid salaries $2,210, rent for September $1,170, and advertising expense $260. 7. Incurred utilities expense for month on account $211. 8. Received $13,000 from Capital Bank on a 6-month note payable. (a) Prepare a tabular analysis of the September transactions beginning with August 31 balances. Include margin explanations for any changes in revenues or expenses. - Post entries in the order presented in the question. - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. - Increases in expenses require a negative sign or parentheses
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