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September 7, 2020 - Paid $500 cash to the landlord for September's rent. Bike Mail does not record the monthly rent as an asset because

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September 7, 2020 - Paid $500 cash to the landlord for September's rent. Bike Mail does not record the monthly rent as an asset because the rent will be totally consumed by the end of the month. Account Name Debit Credit September 10, 2020 - Bike Mail performed $750 of mail services for a customer. The customer paid $250 cash on September 10 and will pay the remaining amount in the future. Account Name Debit Credit September 4, 2020 -Bike Mail purchased $2,000 of bike maintenance supplies on credit (invoice payable in 10 days). Bike Mail's accounting policy is to record the purchase of maintenance supplies to an asset account. September 14, 2020 -Bike Mail paid for the supplies purchased on September 4, 2014 Account Name Debit Credit

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