Question
Problem #1 The following account titles pertain to Dickey Debit, CPA: Cash, Accounts receivable, Prepaid Advertising, Supplies, Furniture, Auto, Accounts Payable, Notes payable, Unearned
Problem #1 The following account titles pertain to Dickey Debit, CPA: Cash, Accounts receivable, Prepaid Advertising, Supplies, Furniture, Auto, Accounts Payable, Notes payable, Unearned Fees, DD Capital, DD Drawing, Fees Earned, Commissions Earned, Insurance expense, Automobile expense, Advertising expense, Telephone expense, Utilities expense, Supplies expense Date 1. Transactions occurring October 2019: Received $5,500 cash from client for services rendered which had not been previously billed 2 Purchased furniture on account, $15,000 done 3 Paid $2,200 for supplies 3 Borrowed $10,000 from Scrooge National Bank via 4 8 11 12 13 issuance of a 90-day, 12% note. Dickey transfers $4,500 from his personal savings account to his business checking account Returned $200 of supplies receiving cash refund Received $3,000 cash in advance for services to be rendered over the next six months Paid $5,000 on account relative to furniture purchase on Oct. 2nd Invoiced (billed) clients for services rendered, $6,800
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