Bancroff Management Consulting received 3100 of accounts receivable from the balance of march 1 2017

2 Activity No. 3 i... Activity No. 3 Financial Accounting 1. During March the business engaged in the following transactions Bancroft Management Consulting Mar 3 Borrowed $45.000 from the bank and signed a note payable in the name of the business. 5 Paid cash of $40,000 to a real estate company to acquire land in the town of Bancroft 11 Performed service for a customer and received cash of $5,000 12 Perchased supplies on account, $300. 14 Performed customer service and earned revenue on account $2,600 17 Paid $1.200 of the Accounts Payable balance from the March 1, 2017, trial balance 19 Paid the following cash expenses salaries. $3.000; rent. $1.500 and interest, $400. 20 Received 58.100 of the Accounts Receivable balance from the March 1, 2017, trial balance 24 Received a $200 utility bill that will be paid next week. 28 John Cassiar withdrew $1.00 for personal use ournals the preceding transactions 2. Post the transactions to the ledger Perete unadjusted hace of Bancroft Management Consulting 20 2 Activity No. 3 i... Activity No. 3 Financial Accounting 1. During March the business engaged in the following transactions Bancroft Management Consulting Mar 3 Borrowed $45.000 from the bank and signed a note payable in the name of the business. 5 Paid cash of $40,000 to a real estate company to acquire land in the town of Bancroft 11 Performed service for a customer and received cash of $5,000 12 Perchased supplies on account, $300. 14 Performed customer service and earned revenue on account $2,600 17 Paid $1.200 of the Accounts Payable balance from the March 1, 2017, trial balance 19 Paid the following cash expenses salaries. $3.000; rent. $1.500 and interest, $400. 20 Received 58.100 of the Accounts Receivable balance from the March 1, 2017, trial balance 24 Received a $200 utility bill that will be paid next week. 28 John Cassiar withdrew $1.00 for personal use ournals the preceding transactions 2. Post the transactions to the ledger Perete unadjusted hace of Bancroft Management Consulting 20