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Required information SB Problem [The following information applies to the questions displayed below) The accounts and balances for Babysitting Co. on June 1 are
Required information SB Problem [The following information applies to the questions displayed below) The accounts and balances for Babysitting Co. on June 1 are provided below. Cash Accounts receivable 10,000 Feen income 1,660 Rent expense office equipment 5,000 Utilities expense Supplies 1,060 Salaries expense Accounts payable 4,000 Kelly Connor, Capital 13,720 Kelly Connor, Drawing -0- The following transactions occurred during the month of June. a. Collected $760 from credit customers. b. Issued a check for $1,800 for November's rent. c. Paid $3,100 for salaries. d. The owner withdrew $560 in cash for personal expenses. e. Issued a check for $1,200 to pay the monthly utility bill f. Received $5,600 in cash for services performed. g. Purchased office equipment for $1,860 on credit. Dabusitting.
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