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The following transactions are July activities of Bennett's Bowling, Incorporated. a. Bennett's collected $14,900 from customers for games played in July. b. Bennett's served customers
The following transactions are July activities of Bennett's Bowling, Incorporated. a. Bennett's collected $14,900 from customers for games played in July. b. Bennett's served customers food from its snack bar; received $8,500 in cash. c. Bennett's received $2,300 from customers who purchased merchandise in June from the pro shop on account. d. The men's and ladies' bowling leagues gave Bennett's a deposit of $3,600 for the upcoming fall season. e. Bennett's purchased $480 in food supplies for the snack bar; paid $380 in cash and owed the rest on account with the supplier. f. Bennett's paid $1,400 on the electricity bill for June (recorded as an expense in June). g. Bennett's paid $3,700 to employees for work in July. h. Bennett's purchased $2,010 in insurance for coverage from August 1 to November 1 . i. Bennett's paid $1,500 to plumbers for repairing a broken pipe in the restrooms. j. Bennett's received the July electricity bill for $1,800 to be paid in August. Prepare an unadjusted income statement for Bennett's Bowling, Incorporated, for the month of July
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