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During August, the following summary transactions were completed. Paid $360 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered
During August, the following summary transactions were completed. Paid $360 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September. Aug. 1 3 Paid August rent $340. 5 Received $1,080 cash from customers in payment of account. 10 10 12 Paid $2,810 for salaries due employees, of which $1,530 is for August and $1,280 is for July salaries payable. Received $2.520 cash for services performed in August. 15 Purchased store equipment on account $1,800. 20 Paid creditors $1,800 of accounts payable due. 22 Purchased supplies on account $720. 25 Paid $2,610 cash for employees' salaries. 27 Billed customers $3,380 for services performed. 29 Received $700 from customers for services to be performed in the future.
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