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Transactions Faust, Drawing; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; and Miscellaneous Expense. entry, leave it blank. Jan. 1. Paid rent for the month,
Transactions Faust, Drawing; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; and Miscellaneous Expense. entry, leave it blank. Jan. 1. Paid rent for the month, $3,000. 4. Paid advertising expense, $2,500. 5. Paid cash for supplies, $1,800. 6. Purchased office equipment on account, $13,900. 12. Received cash from customers on account, $14,770. 20. Paid creditor on account, $1,475. 27. Paid cash for miscellaneous expenses, $700. 30. Paid utility (heating) bill for the month, $610. 31. Fees earned and billed to customers for the month, $37,300. 31. Paid utility (electricity) bill for the month, $900. 31. Paid B. J. Faust cash for personal use, $800. 20 Y2 Jan. 1
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