Matt Zucker, the owner, invested $30,000 cash along with $15,000 of 1 office equipment in the company. The company prepaid $4,500 cash for six months' rent for an office. 2 (Hint: Debit Prepaid Rent for $4,500.) The company made credit purchases of office equipment for $2,500 and 4 of office supplies for $600. Payment is due within 10 days. The company completed work for a client and immediately received 8 $3,400 cash. The company completed a $10,200 project for a client, who must pay 12 within 30 days. The company paid $3,100 cash to settle the payable created on 13 November 4. The company paid $1,800 cash for the premium on a 24-month insurance 19 policy. The company received $5,200 cash as partial payment for the work 22 completed on November 12. 24 The company completed work for another client for $1,750 on credit. 28 M. Zucker withdrew $5,300 cash from the company for personal use. 29 The company purchased $249 of additional office supplies on credit. 30 The company paid $831 cash for this month's utility bill. Chart of Accounts Cash (101); Accounts Receivable (106); Prepaid Insurance (108); Office Equipment (163); Computer Equipment (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); B. Grechus, Capital (301); B. Grechus, Withdrawals (302); Fees Earned (402); Wages Expense (601); Computer Rental Expense (602); Advertising Expense (603); and Repairs Expense (604). a. Bernadette Grechus invested $65,000 cash, office equipment with a value of $5,750, and $30,000 of computer equipment in the company. b. The company purchased land worth $22,000 for an office by paying $5,000 cash and signing a long-term note payable for $17,000. c. The company purchased a portable building with $34,500 cash and moved it onto the land acquired in b. d. The company paid $5,000 cash for the premium on a two-year insurance policy. e. The company provided services to a client and immediately collected $4,600 cash. f. The company purchased $4,500 of additional computer equipment by paying $800 cash and signing a long-term note payable for $3,700. g. The company completed $4,250 of services for a client. This amount is to be received within 30 days. h. The company purchased $950 of additional office equipment on credit. i. The company completed client services for $10,200 on credit. j. The company received a bill for rent of a computer testing device that was used on a recently completed job. The $580 rent cost must be paid within 30 days. k. The company collected $5,100 cash in partial payment from the client described in transaction i. 1. The company paid $1,800 cash for wages to an assistant m. The company paid $950 cash to settle the payable created in transaction h. n. The company paid $608 cash for minor maintenance of the company's computer equipment. o. B. Grechus withdrew $6,230 cash from the company for personal use. p. The company paid $1,800 cash for wages to an assistant. q. The company paid $750 cash for advertisements on the web during April. Check Ending balances: Cash, $17,262; Accounts Receivable, $9,350; Accounts Payable, $580 Matt Zucker, the owner, invested $30,000 cash along with $15,000 of 1 office equipment in the company. The company prepaid $4,500 cash for six months' rent for an office. 2 (Hint: Debit Prepaid Rent for $4,500.) The company made credit purchases of office equipment for $2,500 and 4 of office supplies for $600. Payment is due within 10 days. The company completed work for a client and immediately received 8 $3,400 cash. The company completed a $10,200 project for a client, who must pay 12 within 30 days. The company paid $3,100 cash to settle the payable created on 13 November 4. The company paid $1,800 cash for the premium on a 24-month insurance 19 policy. The company received $5,200 cash as partial payment for the work 22 completed on November 12. 24 The company completed work for another client for $1,750 on credit. 28 M. Zucker withdrew $5,300 cash from the company for personal use. 29 The company purchased $249 of additional office supplies on credit. 30 The company paid $831 cash for this month's utility bill. Chart of Accounts Cash (101); Accounts Receivable (106); Prepaid Insurance (108); Office Equipment (163); Computer Equipment (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); B. Grechus, Capital (301); B. Grechus, Withdrawals (302); Fees Earned (402); Wages Expense (601); Computer Rental Expense (602); Advertising Expense (603); and Repairs Expense (604). a. Bernadette Grechus invested $65,000 cash, office equipment with a value of $5,750, and $30,000 of computer equipment in the company. b. The company purchased land worth $22,000 for an office by paying $5,000 cash and signing a long-term note payable for $17,000. c. The company purchased a portable building with $34,500 cash and moved it onto the land acquired in b. d. The company paid $5,000 cash for the premium on a two-year insurance policy. e. The company provided services to a client and immediately collected $4,600 cash. f. The company purchased $4,500 of additional computer equipment by paying $800 cash and signing a long-term note payable for $3,700. g. The company completed $4,250 of services for a client. This amount is to be received within 30 days. h. The company purchased $950 of additional office equipment on credit. i. The company completed client services for $10,200 on credit. j. The company received a bill for rent of a computer testing device that was used on a recently completed job. The $580 rent cost must be paid within 30 days. k. The company collected $5,100 cash in partial payment from the client described in transaction i. 1. The company paid $1,800 cash for wages to an assistant m. The company paid $950 cash to settle the payable created in transaction h. n. The company paid $608 cash for minor maintenance of the company's computer equipment. o. B. Grechus withdrew $6,230 cash from the company for personal use. p. The company paid $1,800 cash for wages to an assistant. q. The company paid $750 cash for advertisements on the web during April. Check Ending balances: Cash, $17,262; Accounts Receivable, $9,350; Accounts Payable, $580