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Name: PWS-WK 3 Analyzing & Recordeing Transactions 1 1.Jan $60,000 Purchased supplies for the upcoming quarter on account. 2 17.Jan Paid for supplies purchased. 3

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Name: PWS-WK 3 Analyzing \& Recordeing Transactions 1 1.Jan $60,000 Purchased supplies for the upcoming quarter on account. 2 17.Jan Paid for supplies purchased. 3 31-Jan \$ 15,000 Recorded the supplies used for the period. 4 1-Jan $48,000 Paid for 1 -years rent in advance. 5 Bi-Jan Recorded the current months rent. 6 15-Ian \$ 75,000 Recelved an advanced payment for services to be provided at a later date. 7 31-Jan Provided services previlously paid for. 831tan$3,000 Received utility bill for January. 9 10-Feb Paid the January utility bill. 1025Jan$5,000 Recelved payment for services provided. 1128 -Jan $80,000 Provided services to be billed at end-of-month. 12 B-Feb $60,000 Recelved payment for services provided in lansuary. 13 1-Feb \$ 144,000 Purchased equipment, with a down payment of $30,000, and a bank porrowing for the rest 14 28-Feb 6.0% Recorded interest on the note assuming a 6% annual rate: .. 2.400 Recorded depreciation on the equipment for the month Usefullife is 5 -years

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