\begin{tabular}{|c|c|c|} \hline Equipment & & \\ \hline B/1 Bat & 12.000 & + \\ \hline 8/15 & 2,400 & \\ \hline 8/31 BaL & 14,400 & \\ \hline \end{tabular} Accounts Payable During August, the following summury transactions were completed Aug. Paid $480 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during 1 August and September. 3 Paid August rent $460. 5 Received \$1,440 cash from customers in payment of accoune. 10 Pald $3,740 for salaries due employees, of which $2,040 is for August and $1,700 is for huly salaries puryble. 12 Received $3.360 cash for services performed in August. 15 Purchased store equipment on account $2.400. Journalize and post acfusting entries. (Credit account titles are autematically indented when the amount is eatered. Do not indent monually. If no entry is required, select "No Eniry" for the account tifles and enter 0 for the amounts.) Question 8 of 8 12.73/35 \begin{tabular}{l|l|l|} \hline Notes Receivable & \\ \hline B/1 Bat & 4,800 & \\ \hline B/31 BaL & 4,800 & \\ \hline \end{tabular} Interest Receivable 15 Purchised store equipment on account $2,400 20 Paid creditors $2,400 of accounts parable due. 22 Pyrchased supplies on account $960. 25 Paid $3,480 cash for employees' salaries: 27 Baled customers $4,510 for services performed. 29 Received $940 from customers for services to be performed in the future. Adjustment data: 1. A count shows supplies on hand of $1,150. 2. Accrued but unpaid employees' salaries are 51.850 3. Depreciation on equipment for the month is $380 4. Services were performed to satisfy $960 of unearned service revenue. 5. One month's worth of advertising services has been received. 6. One month of interest revemue related to the $4,800 note receivable has accrucd. The 4 -month note fun a 6% annual interest rate: Ayyal's chart of accounts includes Prepaid Advertising, Interest Recelvable, Service Revenue, interest Revenue, Advertising Expen Depreciation Expense, Supplies Expense, Salaries and Wages Expense, and Rent Expense. Chapter 4 Homework Question 8 of 8 12.73/35 3. Accumsiated Depreciation Equipment 4. Aut at : Unearned Service Revernue Service Revenout 5. Aug 31 : Advertiang Expeme Prepasdodontivine I 6. Muesi: Interest Receividie Imernst Revenued \begin{tabular}{|c|c|c|c|} \hline \\ \hline B/1Bat & 7,250 & e/1 & 480 \\ \hline 8/5 & 1,440 & B/3 & 460 \\ \hline 8/12 & 3.360 & B/10 & 3,740 \\ \hline 8/29 & 940 & B/20 & 2,400 \\ \hline & & & 3480 \\ \hline \end{tabular} Chapter 4 Homework Question 8 of 8 12.73/35 i Advertising Expense Question 8 of 8 12.73/35 \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Accounts Payable } \\ \hline \multirow[t]{4}{*}{ B/20 } & 2.400 & 8/1 Bal. & 2,760 \\ \hline & & 8/15 & 2,400 \\ \hline & & a/22 & 960 \\ \hline & & 8/31 Bal. & 3,720 \\ \hline \end{tabular} Common Stock Question 8 of 8 \& ? 12.73/35 \begin{tabular}{l|l|l|} \hline Notes Receivable \\ \hline 8/1 Bal. & 4,800 & \\ \hline 8/31 Bal. & 4,800 & \\ \hline \end{tabular} Question 8 of 8 12.73/35 Common Stock \begin{tabular}{l|ll} & \\ \hline & 8/1 Bat & 14,400 \\ \hline & 8/31 BaL & 14,400 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline Retained Earn & & \\ \hline & 8/1Ba & 7.690 \\ \hline \end{tabular} Interest Revemue t) Depreciation Expense
