Question
The accounts and balances for Paw Prints Pet Sitters on November 1 are provided below. Cash19,450Fees Income-0-Accounts Receivable890Rent Expense-0-Office Equipment2,300Utilities Expense-0-Supplies250Salaries Expense-0-Accounts Payable1,400Kelly Connor, Capital21,490Kelly
The accounts and balances for Paw Prints Pet Sitters on November 1 are provided below.
Cash19,450Fees Income-0-Accounts Receivable890Rent Expense-0-Office Equipment2,300Utilities Expense-0-Supplies250Salaries Expense-0-Accounts Payable1,400Kelly Connor, Capital21,490Kelly Connor, Drawing-0-
The following transactions occurred during the month of November.
- Collected $350 from credit customers.
- Issued a check for $700 for November's rent.
- Paid $1,900 for salaries.
- The owner withdrew $500 in cash for personal expenses.
- Issued a check for $200 to pay the monthly utility bill.
- Received $2,845 in cash for services performed.
- Purchased office equipment for $1,350 on credit.
CashAccounts ReceivableBeg. bal.Beg. bal.Bal.Bal. SuppliesOffice EquipmentBeg. bal.Beg. bal.Bal.Accounts PayableKelly Connor, CapitalBeg. bal.Beg. bal.Bal.Kelly Connor, DrawingFees IncomeBeg. bal.Beg. bal.Bal.Bal.Rent ExpenseUtilities ExpenseBeg. bal.Beg. bal.Bal.Bal.Salaries ExpenseBeg. bal.Bal.
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Intermediate Accounting Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
12th Canadian edition
119-49633-5, 1119496497, 1119496330, 978-1119496496
