ve Problem Part 5 During Year 5, Pacilio Security Services experienced the following transactions: 1 Paid the salaries payable from Year 4 2 On January 15, purchased 20 standard alarm systems for cash at a cost of $250 each 3 On February 1, paid the accounts payable of $980, but not within the discount period.(The company uses the gross methe 4 On March 1, leased a business van. Paid $4,800 for one years lease in advance. 5. Paid $7.200 on May 1 for one year's rent on the office in advanc 6. Purchased with cash $500 of supplies to be used over the next several months by the business 7. Purchased with cash another 25 alarm systems on August 1 for resale at a cost of $260 each 8 On September 5, purchased on account 30 standard alarm systems at a cost of $265 9. Installed 60 standard alarm systems for $33,000. Sales of $22.000 were on account, while $11,000 were cash sales 10. Made a full refund to a dissatisfied customer who ret f rned her alarm system. The sale had been a cash sale for $550 with a $260. Record the reversal of revenue in Event 11 and the reversal of cost separately in Event 12 11. Paid installers and other employees a total of $21,000 cash for salaries 000 of monitoring services during the year. The services are billed to the customers each month. 13 Sold an additional monitoring service for$ 14. Collected $74,000 of accounts receivable 1.200 for one year's service. The customer paid the full amount of $1200 on Octo during the year 15. Paid an additional $6.000 to settle some of the accounts payable. 16 Paid $3,500 of advertising expense during the year 17 Paid S2320 of utilities expense for the year. 18. Paid a dividend of $15,000 to the shareholders Paid an additional $6,000 to settle some of the accounts payable 19. There was $200 of supplies on hand at the end of the year 20. Recognized the expired rent from the prior year, van and office building for the year 21 Recognized the revenue earned from transaction 15 7 Areert salaries at neremher 31 Yaar 5 ware $1000 Prev 1 f Next DELL FS F6 F7 F8 F9 F10 F11 F12 4 5 6 7 8 9 ve Problem Part 5 During Year 5, Pacilio Security Services experienced the following transactions: 1 Paid the salaries payable from Year 4 2 On January 15, purchased 20 standard alarm systems for cash at a cost of $250 each 3 On February 1, paid the accounts payable of $980, but not within the discount period.(The company uses the gross methe 4 On March 1, leased a business van. Paid $4,800 for one years lease in advance. 5. Paid $7.200 on May 1 for one year's rent on the office in advanc 6. Purchased with cash $500 of supplies to be used over the next several months by the business 7. Purchased with cash another 25 alarm systems on August 1 for resale at a cost of $260 each 8 On September 5, purchased on account 30 standard alarm systems at a cost of $265 9. Installed 60 standard alarm systems for $33,000. Sales of $22.000 were on account, while $11,000 were cash sales 10. Made a full refund to a dissatisfied customer who ret f rned her alarm system. The sale had been a cash sale for $550 with a $260. Record the reversal of revenue in Event 11 and the reversal of cost separately in Event 12 11. Paid installers and other employees a total of $21,000 cash for salaries 000 of monitoring services during the year. The services are billed to the customers each month. 13 Sold an additional monitoring service for$ 14. Collected $74,000 of accounts receivable 1.200 for one year's service. The customer paid the full amount of $1200 on Octo during the year 15. Paid an additional $6.000 to settle some of the accounts payable. 16 Paid $3,500 of advertising expense during the year 17 Paid S2320 of utilities expense for the year. 18. Paid a dividend of $15,000 to the shareholders Paid an additional $6,000 to settle some of the accounts payable 19. There was $200 of supplies on hand at the end of the year 20. Recognized the expired rent from the prior year, van and office building for the year 21 Recognized the revenue earned from transaction 15 7 Areert salaries at neremher 31 Yaar 5 ware $1000 Prev 1 f Next DELL FS F6 F7 F8 F9 F10 F11 F12 4 5 6 7 8 9