Oct. 1 Aster Turane invested $45,000 cash, a $15,040 computer system, and $13,000 of office equipment in the business. 2 Paid six months of rent in advance; $12,000. 3 Purchased computer supplies on credit for $1,975 from Triple-One Supplies. 5 Paid $8,640 cash for one year's premium on a property and liability insurance policy 6 Billed Norton Electric $6,300 for installing a new computer system. 8 Paid for the computer supplies purchased from Triple-One Supplies. 10 Hired Donald Gee as a part-time assistant for $345 per day, as needed. 12 Billed Norton Electric another $1,850 for computer services rendered. 15 Received $1,650 from Norton Electric on its account. 17 Paid $375 to repair equipment damaged when moving into the new office. 20 Paid $1,950 for an advertisement in the local newspaper. 22 Received the balance owing from Norton Electric on its account. 28 Billed Whistler Resort $9,400 for services. 31 Paid Donald Gee for nine days' work. 31 Aster Turane withdrew $1.200 cash from the business for personal use. What is the balance of total fixed assets at the month end? O 28020 O 17020 17040 28040 How much is the total expense is this month? O 7950 8150 8250 8050 How much is the net income is this month? 8400 O 6400 O 9400 5400 How much is the wage expense is this month? 13550 65960 O 3105 05040 What is the balance of total liabilities and equity at the month end? 081240 O 78960 76240 80240 What is the balance of the accounts receivable at the month end? O 7400 O 8400 O 9400 O 6400 What is the balance of the computer equipment account at the month end? O 15040 O 35040 25040 O 5040 What is the balance of the office equimpent account at the month end? O 14000 O 13000 15040 O 12000 How much is the repairs expense is this month? 0 760 O 350 O 375 O 750 What is the balance of the prepaid insurance account at the month end? O 7600 O 8640 07640 O 7920 What is the balance of the cash account at the month end? O 18925 24905 23905 O 21905 What is the balance of total current assets at the month end? O 53200 o 48900 O 54200 48200 What is the balance of the computer supplies account at the month end? O 1975 1675 1875 1775 How much is the advertising expense is this month? 1950 O 1800 O 1900 O 1850 What is the balance of the prepaid rent account at the month end? 10000 O 24000 O 8000 O 12000 How much is the computer service revenue is this month? O 14550 O 13550 012550 17550 What is the balance of the total assets at the month end? O 76240 80240 O 81240 078900
