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The accounts and balances for Paw Prints Pet Sitters on November 1 are provided below. Cash 20,150 Fees Income -0- Accounts Receivable 950 Rent Expense
The accounts and balances for Paw Prints Pet Sitters on November 1 are provided below.
Cash | 20,150 | Fees Income | -0- | ||
Accounts Receivable | 950 | Rent Expense | -0- | ||
Office Equipment | 3,500 | Utilities Expense | -0- | ||
Supplies | 350 | Salaries Expense | -0- | ||
Accounts Payable | 2,500 | ||||
Kelly Connor, Capital | 22,450 | ||||
Kelly Connor, Drawing | -0- | ||||
The following transactions occurred during the month of November.
- Collected $450 from credit customers.
- Issued a check for $780 for November's rent.
- Paid $1,200 for salaries.
- The owner withdrew $660 in cash for personal expenses.
- Issued a check for $265 to pay the monthly utility bill.
- Received $2,330 in cash for services performed.
- Purchased office equipment for $1,450 on credit.
Post the above transactions into the appropriate T accounts.
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