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Details Question #1: The October transactions were as follows. Oct. 5 Received $1,300 in cash from customers for accounts receivable due. 10 Billed customers for

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Details Question #1: The October transactions were as follows. Oct. 5 Received $1,300 in cash from customers for accounts receivable due. 10 Billed customers for services performed $5,100. 15 Paid employee salaries $1.200. 17 Performed $600 of services for customers who paid in advance in August. 20 Paid $1.900 to creditors for accounts payable due 29 Paid a $300 cash dividend. 31 Pald utilities $400. Required: Use FSET to record the transactions LTID Aug. 5 Received $1,200 cash from customers in payment of account. 10 Paid $3,120 for salaries due employees, of which $1,700 is for August and $1.420 is for July salaries payable. 12 Received $2,800 cash for services performed in August. 15 Purchased store equipment on account $2,000. 17 Purchased supplies on account $860. 20 Paid creditors $2,000 of accounts payable due. 22 Paid August rent $380 25 Paid salaries $2,900 27 Performed services worth $3,130 on account and billed customers. 29 Received $780 from customers for services to be provided in the future. Mar. 1 1 3 5 14 Question #3: Geog Lay opened Gegg Cleaners on March 1, 2014. During March, the following transactions were completed. Issued 10,000 shares of common stock for $15,000 cash Purchased used truck for $8,000, paying $3,000 cash and the balance on account, Purchased cleaning supplies for $2,000 on account Paid $2,400 cash on a 6-month insurance policy offective March 1. Billed customers $3,700 for cleaning services. Paid $1,500 cash on amount owed on truck and $500 on amount owed on cleaning supplies Paid $1,750 cash for employee salaries. Collected $1,600 cash from customers billed on March 14 Billed customers $4.200 for cleaning services, Paid $350 for gas and ol used in truck during month (use Maintenance and Repairs 31 Expense) Declared and paid a $900 cash dividend Required: Use FSET to record the transactions 18 20 21 28 31

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