The following transactions are July activities of Bennett's Bowling, Inc., which operates several bowling centers, offering...

Transcribed Image Text:

The following transactions are July activities of Bennett's Bowling, Inc., which operates several bowling centers, offering customers lanes for games and merchandise for sale. e. Bennett's provided to customers bowling merchandise inventory costing Bennett's $680. (Consider only the effect on cost of goods sold [expense] here.) f. Bennett's paid $500 on the electricity bill for June (recorded as an expense in June). g. Bennett's paid $3,600 to employees for work in July. h. Bennett's purchased $1,500 in insurance for coverage from August 1 to November 1. i. Bennett's paid $700 to plumbers for repairing a broken pipe in the restrooms. j. Bennett's received the July electricity bill for $900 to be paid in August. If expenses are not recognized in July, choose 'None' for the account affected. If expense is to be recognized in July, indicate the expense account title and amount. Expense Account Affected Amount of Expense e. f. 9- h. 1. J. The following transactions are July activities of Bennett's Bowling, Inc., which operates several bowling centers, offering customers lanes for games and merchandise for sale. e. Bennett's provided to customers bowling merchandise inventory costing Bennett's $680. (Consider only the effect on cost of goods sold [expense] here.) f. Bennett's paid $500 on the electricity bill for June (recorded as an expense in June). g. Bennett's paid $3,600 to employees for work in July. h. Bennett's purchased $1,500 in insurance for coverage from August 1 to November 1. i. Bennett's paid $700 to plumbers for repairing a broken pipe in the restrooms. j. Bennett's received the July electricity bill for $900 to be paid in August. If expenses are not recognized in July, choose 'None' for the account affected. If expense is to be recognized in July, indicate the expense account title and amount. Expense Account Affected Amount of Expense e. f. 9- h. 1. J.