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Required information [ The following information applies to the questions displayed below. ] The accounts and balances for Paw Prints Pet Sitters on November 1
Required information
[The following information applies to the questions displayed below.]
The accounts and balances for Paw Prints Pet Sitters on November 1 are provided below.
Cash | 19,550 | Fees Income | -0- | ||
Accounts Receivable | 830 | Rent Expense | -0- | ||
Office Equipment | 2,300 | Utilities Expense | -0- | ||
Supplies | 230 | Salaries Expense | -0- | ||
Accounts Payable | 1,300 | ||||
Kelly Connor, Capital | 21,610 | ||||
Kelly Connor, Drawing | -0- | ||||
The following transactions occurred during the month of November.
- Collected $330 from credit customers.
- Issued a check for $740 for November's rent.
- Paid $1,650 for salaries.
- The owner withdrew $540 in cash for personal expenses.
- Issued a check for $240 to pay the monthly utility bill.
- Received $2,715 in cash for services performed.
- Purchased office equipment for $1,330 on credit.
- Prepare an income statement for Paw Prints Pet Sitters for month ended November 30, 2019.
- Prepare a statement of owners equity for Paw Prints Pet Sitters for the month end November 30, 2019.
- Prepare a balance sheet for Paw Prints Pet Sitters as of November 30, 2019.
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