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P 7 . The following accounts are applicable to Raymond's Chimney Sweeps: Cash Accounts Receivable Supplies Prepaid Insurance Equipment Notes Payable Accounts Payable R .

P7. The following accounts are applicable to Raymond's Chimney Sweeps:
Cash
Accounts Receivable
Supplies
Prepaid Insurance
Equipment
Notes Payable
Accounts Payable
R. Foth, Capital
R. Foth, Withdrawals
Service Revenue
Rent Expense
Repair Expense
Raymond's Chimney Sweeps completed the following transactions:
a. Paid for supplies purchased on credit last month.
b. Billed customers for services performed.
c. Paid the current month's rent.
d. Purchased supplies on credit.
e. Received cash from customers for services performed
but not yet billed.
f. Purchased equipment on account.
g. Received a bill for repairs.
h. Returned part of the equipment purchased in f for a credit.
i. Received payments from customers previously billed.
j. Paid the bill received in g.
k. Received an order for services to be performed.
Paid for repairs with cash.
m. Made a payment to reduce the principal of the note payable.
n. Made a cash withdrawal.
REQUIRED
Analyze each transaction and show the accounts affected by entering the corresponding
numbers in the appropriate debit or credit column as shown in transaction a. Indicate
no entry, if appropriate.
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