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Bal. $ 1. 2. 3. 4. 5. 6. 7. 8. $ Cash $ $ Accounts Receivable 3 Assets $ $ Supplies $ $ Equipm Current
Bal. $ 1. 2. 3. 4. 5. 6. 7. 8. $ Cash $ $ Accounts Receivable 3 Assets $ $ Supplies $ $ Equipm Current Attempt in Progress On August 31, the balance sheet of Pina Colada Veterinary Clinic showed Cash $9,540, Accounts Receivable $1,802, Supplies $636, Equipment $6,360, Accounts Payable $3,816, Common Stock $13,780, and Retained Earnings $742. During September, the following transactions occurred. Paid $3,074 cash for accounts payable due. Collected $1,378 of accounts receivable. Purchased additional equipment for $2,226, paying $848 in cash and the balance on account. Performed services worth $7,738, of which $2,650 is collected in cash and the balance is due in October. Paid a $424 cash dividend. Paid salaries $1,802, rent for September $954, and advertising expense $212. Incurred utilities expense for month on account $175. 8. Received $10,600 from Capital Bank on a 6-month note payable. 1. 2. 3. 4. 5. 6. 7
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