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Exercise 2-08 Selected transactions for Pina Coladas Dog Care are as follows during the month of March. March 1 Paid monthly rent of $1,220. 3

Exercise 2-08

Selected transactions for Pina Coladas Dog Care are as follows during the month of March.

March 1 Paid monthly rent of $1,220.
3 Performed services for $140 on account.
5 Performed services for cash of $75.
8 Purchased equipment for $610. The company paid cash of $80 and the balance was on account.
12 Received cash from customers billed on March 3.
14 Paid salaries and wages to employees of $535.
22 Paid utilities of $74.
24 Borrowed $1,530 from Grafton State Bank by signing a note.
27 Paid $220 to repair service for plumbing repairs.
28 Paid balance amount owed from equipment purchase on March 8.
30 Paid $1,980 for six months of insurance.

Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

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