- Question 23 Of 58 Accounts Payable 3600 2900 1300 I I 170 2170 Common Stock 13000 I I 13000 Revenues I 73 1 (35.56 KiB) Viewed 11 times
Question 23 of 58 + + < Common Stock > 13000 i i i 13000 $ Revenues i i 7300 i i 7300 Expenses 13700 i -1700 -200 -900 -170 17630 Dividends i 400 400 i 0/0.01 E ⠀ Service Revenue Paid Dividends Salaries and Wages Expense Advertising Expense Rent Expense Utilities Expense
Question 23 of 58 View Policies Show Attempt History Current Attempt in Progress + 1. 2. 3. On August 31, the balance sheet of La Brava Veterinary Clinic showed Cash $9,000, Accounts Receivable $1,700, Supplies $600, Equipment $6,000, Accounts Payable $3,600, Common Stock $13,000, and Retained Earnings $700. During September, the following transactions occurred. 4. 5. 6. 7. < 8. (a) > Paid $2,900 cash for accounts payable due. Collected $1,300 of accounts receivable. Purchased additional equipment for $2,100, paying $800 in cash and the balance on account. Performed services worth $7,300, of which $2,500 is collected in cash and the balance is due in October. Paid a $400 cash dividend. Paid salaries $1,700, rent for September $900, and advertising expense $200. Incurred utilities expense for month on account $170. Received $10,000 from Capital Bank on a 6-month note payable. 0/0.01 Your answer is partially correct. ⠀
Question 23 of 58 Bal. 1. 2. 3. 4. 5. 6. 7. 8. $ Cash < 9000 -2900 1.300 -800 2500 -400 i 10000 15900 $ Accounts Receivable 1700 i -1300 i 4800 i i i 5200 $ Supplies 600 i i i 600 $ Equipment 6000 i 2100 i i i i i i 8100 $ 0/0.01 Notes Payable 10000 10000 ļ