Current Attempt in Progress Grete Young formed a dog grooming and training business called Grete Kanines on September 1, 2024. After consulting with a friend who had taken introductory accounting, Grete created a chart of accounts for the business as follows: No. 101 Cash; No. 112 Accounts Receivable; No. 130 Prepaid Insurance, No. 151 Equipment, No. 201 Accounts Payable; No. 209 Unearned Revenue; No. 301 G. Young, Capital, No. 306 G. Young, Drawings; No. 400 Service Revenue; No. 610 Advertising Expense; No. 726 Rent Expense; and No. 737 Utilities Expense. During September, the following events and transactions occurred: Sept. 1 Grete transferred $9.170 from her personal bank account to a bank account under the company name Grete Kanines. 2 Signed a one-year rental agreement for $640 per month. Paid the first month's rent. 2 Paid $700 for a one-year insurance policy effective September 1, 2024. 5 Purchased $2,390 of equipment on credit. 7 Paid $410 for advertising in several community newsletters in September. 13 21 24 29 Collected $490 cash for providing dog grooming services. Attended a dog show and provided $610 of dog grooming services for one of the major kennel owners. The kennel owner will pay the amount owing within two weeks. Collected $450 from the kennel owner for the services provided on September 21. The kennel owner promised to pay the rest on October 2. Paid $190 for utilities for the month of September. Paid $1,300 of the amount owed from the September 5 equipment purchase. 30 Received $945 cash for dog training lessons that will start on October 10. 22888 30 Collected $960 cash for providing dog grooming services. 30 Paid the owner, Grete Young. $1.315 for her personal use.