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Dewey Cheatham & Howe is a law firm. Among its February transactions were the following: Date Transaction 2/7 Provided legal services to Jones Company on

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Dewey Cheatham & Howe is a law firm. Among its February transactions were the following: Date Transaction 2/7 Provided legal services to Jones Company on account. Dewey's lawyers spent 100 hours on the case. The firm bills its clients at $250/hour. 2/16 Purchased office equipment for $32,000. The firm paid $12,000 cash and issued a one year note to the seller for the balance. 2/19 Paid $10,300 owed to Keyhole Enterprises. Bill was for surveillance services provided to the firm during January. 2/21 Received $8,400 from a new client, S. Bagg Corporation, for services to be provided in the future. 2/25 Received $15,700 from a client for whom the firm provided services during January 2/28 Received $2,800 February utility bill, which will be paid during March The firm's ledger includes the following accounts: Cash, Accounts Receivable, Office Equipment, Accounts Payable, Note Payable, Unearned Fees, Fees Earned, Utilities Expense. Dewey Cheatham & Howe is a law firm. Among its February transactions were the following: Date Transaction 2/7 Provided legal services to Jones Company on account. Dewey's lawyers spent 100 hours on the case. The firm bills its clients at $250/hour. 2/16 Purchased office equipment for $32,000. The firm paid $12,000 cash and issued a one year note to the seller for the balance. 2/19 Paid $10,300 owed to Keyhole Enterprises. Bill was for surveillance services provided to the firm during January. 2/21 Received $8,400 from a new client, S. Bagg Corporation, for services to be provided in the future. 2/25 Received $15,700 from a client for whom the firm provided services during January 2/28 Received $2,800 February utility bill, which will be paid during March The firm's ledger includes the following accounts: Cash, Accounts Receivable, Office Equipment, Accounts Payable, Note Payable, Unearned Fees, Fees Earned, Utilities Expense

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