Record the following five transactions on the diagram below and on the next tab. Label each transaction and the relevant amounts in the yellow boxes

Question: Record the following five transactions on the diagram below and on the next tab a. January 1: PetCare Nonprofit (PCN) receives $15,000 from an ind b. January 1: PCN purchases furniture for $2,000 cash. c. January 1: Rent is paid for $1,000 cash. d. January 15: Bought fuel on credit for nonprofit trucks for $600. e. January 31: Services are provided to customers who pay $400 cas Make sure you keep all similar categories together. For example, anything that affects cas Statement of Financial Position Assets Liabilities Net Assets m below and on the next tab. Label each transaction and the relevant amounts in the yellow boxes. eceives $15,000 from an individual donor. or $2,000 cash. nonprofit trucks for $600. customers who pay $400 cash for those services. mple, anything that affects cash should be together because you will need to add or substract those together to enter in the nex osition Statement of Activities Revenues - Expenses = Surplus/Deficit low boxes. together to enter in the next tab. Statement of Activities REVENUES Total Revenues EXPENSES Total Expenses CHANGE IN NET ASSETS Surplus/Deficit for the month of January Statement of Financial Position ASSETS Total Assets LIABILITIES Total liabilities NET ASSETS Total Net Assets Total Liabilities and Net Assets as at January 31