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View Policies Current Attempt in Progress On August 1, 2022, the following were the account balances of Ayayai Repair Services. During August, the following summary
View Policies Current Attempt in Progress On August 1, 2022, the following were the account balances of Ayayai Repair Services. During August, the following summary transactions were completed. Aug. Paid $480 cash for advertising in local newspapers. Advertising flyers will be included with newspapers de 1 during August and September. 3 Paid August rent $460. During August, the following summary transactions were completed. Aug. Paid $480 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered 1 during August and September. 3 Paid August rent $460 5 Received $1,440 cash from customers in payment of account. 10 Paid $3,740 for salaries due employees, of which $2,040 is for August and $1,700 is for July salaries payable. 12. Received $3,360 cash for services performed in August. 15 Purchased store equipment on account $2,400. 20 Paid creditors $2,400 of accounts payable due. 22 Purchased supplies on account $960. 25 Paid $3,480 cash for employees' salaries. 27 Billed customers $4,510 for services performed. 29 Received $940 from customers for services to be performed in the future. Adjustment data: 1. A count shows supplies on hand of $1,150. 27 Billed customers $4,510 for services performed. 29 Received $940 from customers for services to be performed in the future. Adjustment data: 1. A count shows supplies on hand of $1.150. 2. Accrued but unpaid employees' salaries are $1.850. 3. Depreciation on equipment for the month is $380. 4. Services were performed to satisfy $960 of unearned service revenue. 5. One month's worth of advertising services has been received. 6. One month of interest revenue related to the $4,800 note receivable has accrued. The 4 - month note has a 6% annual interest rate. Ayayai's chart of accounts includes Prepaid Advartising. Interest Receivable, Service Revenue, interest Revenue. Advertisins Expenses Depreciation Expense, Supplies Expense, Salaries and Wages Expense, and Rent Expense: (a) Enter the August 1 balances in the ledger acceunts. Enter the August 1 balances in the ledger accounts. Marks) Accounts Payable
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