Chapter 2 - Analyzing Transactions Activity 2 May 18: Paid $2,600, an amount owed to a creditor Date Accounts Ref. Debit Credit 19: Received $2,000 from customers who were previously billed Date Accounts Ref. Debit Credit 20: Provided services totaling $7500; received 10% and the remainder is on account Date Accounts Ref Debit Credit 21: Received $4000 for work to be performed at a future date Date Accounts Ref. Debit Credit 22: Purchased a building costing $90,000; paid 12% and signed a 6% note for the remainder Date Accounts Ref. Debit Credit 23: Purchased equipment costing $14000; Paid 5% and the remainder is on account Date Accounts Ref. Debit Credit 24: Paid salaries, $11,750 Date Accounts Ref. Debit Credit 25: Provided services totaling $15,000; received 10% and the remainder is on account Date Accounts Ref. Debit Credit 29: Received $850 from May 20 transaction Date Accounts Ref. Debit Credit 29: Purchased supplies totaling $3,000; Paid 40% and the remainder is on account Date Accounts Ref. Debit Credit 31: Paid dividends, $2000 Date Accounts Ref. Debit Credit 31: Earned $500 from May 21 transaction Date Accounts Ref ef Debit Credit