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Question 4 of 6 View Policies Show Attempt History Current Attempt in Progress 4.39/18 On August 31, the balance sheet of Riverbed Veterinary Clinic
Question 4 of 6 View Policies Show Attempt History Current Attempt in Progress 4.39/18 On August 31, the balance sheet of Riverbed Veterinary Clinic showed Cash $9,900, Accounts Receivable $1.870, Supplies $660. Equipment $6,600, Accounts Payable $3,960, Common Stock $14,300, and Retained Earnings $770. During September, the following transactions occurred 1. Paid $3.190 cash for accounts payable due 2. Collected $1,430 of accounts receivable. 3. Purchased additional equipment for $2.310, paying $880 in cash and the balance on account. 4 Performed services worth $8,030, of which $2,750 is collected in cash and the balance is due in October 5. Paid a $440 cash dividend. 6. Paid salaries $1,870, rent for September $990, and advertising expense $220. 7 Incurred utilities expense for month on account $181. 8 Received $11,000 from Capital Bank on a 6-month note payable.
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