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Instructions Simmons Consulting Co has the following accounts in its ledger Cash Accounts Receivable: Supplies, Office Equipment Accounts Payable: Michael Short, Capital Michael Short Drawing,
Instructions Simmons Consulting Co has the following accounts in its ledger Cash Accounts Receivable: Supplies, Office Equipment Accounts Payable: Michael Short, Capital Michael Short Drawing, Fees Earned. Rent Expense, Advertising Expense; Utilities Expense, Miscellaneous Expense Transactions Oct 1 3 5 6 10 15 Paid rent for the month, $4 800 Paid advertising expense, $2,500 Paid cash for supplies, $1,390 Purchased office equipment on account, $10.670 Received cash from customers on account. 519,730 Paid creditors on account, $9.480 Paid cash for miscellaneous expenses. $530 Paid telephone bill (utility expense) for the month, $220 Fees earned and billed to customers for the month, $38,620 Paid electricity bill (utility expense) for the month $1,540 Withdrew cash for personal use, 56700 27 30 31 31 31 Instructions Simmons Consulting Co has the following accounts in its ledger Cash Accounts Receivable: Supplies, Office Equipment Accounts Payable: Michael Short, Capital Michael Short Drawing, Fees Earned. Rent Expense, Advertising Expense; Utilities Expense, Miscellaneous Expense Transactions Oct 1 3 5 6 10 15 Paid rent for the month, $4 800 Paid advertising expense, $2,500 Paid cash for supplies, $1,390 Purchased office equipment on account, $10.670 Received cash from customers on account. 519,730 Paid creditors on account, $9.480 Paid cash for miscellaneous expenses. $530 Paid telephone bill (utility expense) for the month, $220 Fees earned and billed to customers for the month, $38,620 Paid electricity bill (utility expense) for the month $1,540 Withdrew cash for personal use, 56700 27 30 31 31 31
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