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tant for the firm owned by Randy Guttery prepares financial statements at the end of each month. The following s for Randy Guttery, Landscape Consultant
tant for the firm owned by Randy Guttery prepares financial statements at the end of each month. The following s for Randy Guttery, Landscape Consultant took place during the month ended June 30, 2019. The following tran dy Guttery. Landscape Consultant. ns: invested $80,000 in cash to start the business. ,000 for the current month's rent. toffice furniture for $8,360 in cash. med services for $4,100 in cash. 625 for the monthly telephone bill. med services for $7,000 on credit sed a computer and copier for $19,000; paid $6,500 in cash immediately with the balance due in 30 days. ed $3,500 from credit clients. 2,000 in cash for office cleaning services for the month. ased additional office chairs for $2,900; received credit terms of 30 days. ased office equipment for $20,000 and paid half of this amount in cash immediately, the balance is due in 30 days. a check for $4,700 to pay salaries. med services for $7,250 in cash. med services for $8,000 on credit ted $4,000 on accounts receivable from charge customers a check for $1,450 in partial payment of the amount owed for office chairs. 350 to a duplicating company for photocopy work performed during the month. 610 for the monthly electric bill. ry withdrew $4,500 in cash for personal expenses above transactions into the appropriate T accounts ilities does the business have after all transactions have been recorded? T accounts normally do not have any minus us signs in this problem to demonstrate your understanding of decreases to account balandes
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