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ays WC QI (25 marks) Her 1. During October, All Pets Veterinary Clinic Ltd. completed the folle ng trnsactions: a) Dr. Squires deposited $8,000 cash

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ays WC QI (25 marks) Her 1. During October, All Pets Veterinary Clinic Ltd. completed the folle ng trnsactions: a) Dr. Squires deposited $8,000 cash in the business bank account le bu iness issued common shares to her b) Paid monthly rent. $1,000. c) Paid $5,000 cash, and signed a $25,000 note payable to purchasind f an office site. d) Purchased supplies on account, $1,200. e) Paid $600 on account. f) Borrowed $10,000 from the bank for business use. Dr. Squires si dan payable to the bank in the name of the business. g) Revenues earned during the month included $7,000 cash and $5, onunt. h) Paid employees' salaries ($2,000), advertising expense ($1,500). utili ($1,100) i) Declared and paid a cash dividend of $3,000. Requirements I 1. Journalise each transaction of All Pets Veterinary Clinic Ltd. Explanatiaren required 2. Prepare the trial balance of All Pets Veterinary Clinic Ltd. at October 31, 2019

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