Question 5: During October 2016, Paws Veterinary Clinic completed the following transactions: 1 Paws received $30.000 cash and issued common shares to shareholders 2 Purchased supplies, $1,000, and equipment, $2,600 on account 3 Performed checkup services, and received cash, $1,500 4 Paid cash to acquire land for an office site, $22,000 5 Performed a surgery on a sick cat, and billed the customer 5500 6 Paid for the equipment, purchased in transaction 2 on account 7 Paid the telephone bill, 595 & Received partial payment from client on account, $250 9 Paid the water and electricity bills. 5400 10 Received $2,000 cash for conducting a workshop on "Healthy Cat Living II Paid employee salary, $1,300 12 Declared and paid dividends of S1,500 Requirements: Record each transaction by identifying the accounts, debit and credit and the amounts and write the journal entries Answer: Accounts Debit Credit