Problem 2-05A Grete Rodewald formed a dog grooming and training business called Grete Kanines on September 1, 2021. After consulting with a friend who had taken introductory accounting Grete created a chart of accounts for the business as follows: No. 101 Cash; No. 112 Accounts Receivable; No. 130 Prepaid Insurance; No. 151 Equipment; No. 201 Accounts Payable; No. 209 Unearned Revenue; No. 301 G. Rodewald, Capital; No. 306 G. Rodewald, Drawings; No. 400 Service Revenue; No. 610 Advertising Expense; No. 726 Rent Expense; and No. 737 Utilities Expense. During September, the following events and transactions occurred: Sept. 1 Grete transferred $9,130 from her personal bank account to a bank account under the company name Grete Kanines. 2 Signed a one-year rental agreement for $680 per month. Paid the first month's rent. 2 Paid $700 for a one-year Insurance policy effective September 1, 2021. 5 Purchased $2,380 of equipment on credit. 7 Paid $410 for advertising in several community newsletters in September 13 Collected $420 cash for providing dog grooming services 21 Attended a dog show and provided $780 of dog grooming services for one of the major kennel owners. The kennel owner will pay the amount owing within two weeks. 24 Collected $650 from the kennel owner for the services provided on September 21. The kennel owner promised to pay the rest on October 2. 28 Paid $205 for utilities for the month of September 29 Pald $1,210 of the amount owed from the September 5 equipment purchase. 30 Received $925 cash for dog training lessons that will start on October 10. 30 Collected $1,030 cash for providing dog grooming services 30 Paid the owner, Grete Rodewald, $1,240 for her personal use. Problem 2-05A Grete Rodewald formed a dog grooming and training business called Grete Kanines on September 1, 2021. After consulting with a friend who had taken introductory accounting Grete created a chart of accounts for the business as follows: No. 101 Cash; No. 112 Accounts Receivable; No. 130 Prepaid Insurance; No. 151 Equipment; No. 201 Accounts Payable; No. 209 Unearned Revenue; No. 301 G. Rodewald, Capital; No. 306 G. Rodewald, Drawings; No. 400 Service Revenue; No. 610 Advertising Expense; No. 726 Rent Expense; and No. 737 Utilities Expense. During September, the following events and transactions occurred: Sept. 1 Grete transferred $9,130 from her personal bank account to a bank account under the company name Grete Kanines. 2 Signed a one-year rental agreement for $680 per month. Paid the first month's rent. 2 Paid $700 for a one-year Insurance policy effective September 1, 2021. 5 Purchased $2,380 of equipment on credit. 7 Paid $410 for advertising in several community newsletters in September 13 Collected $420 cash for providing dog grooming services 21 Attended a dog show and provided $780 of dog grooming services for one of the major kennel owners. The kennel owner will pay the amount owing within two weeks. 24 Collected $650 from the kennel owner for the services provided on September 21. The kennel owner promised to pay the rest on October 2. 28 Paid $205 for utilities for the month of September 29 Pald $1,210 of the amount owed from the September 5 equipment purchase. 30 Received $925 cash for dog training lessons that will start on October 10. 30 Collected $1,030 cash for providing dog grooming services 30 Paid the owner, Grete Rodewald, $1,240 for her personal use