Selected transactions for Oriole's Dog Care are as follows during the month of March. March 1 3 5 8 12 14 22 24 27 28 Paid monthly rent of $1,340. Performed services for $160 on account. Performed services for cash of $85. Purchased equipment for $670. The company paid cash of $90 and the balance was on account. Received cash from customers billed on March 3. 30 Paid salaries and wages to employees of $590. Paid utilities of $80. Borrowed $1,680 from Grafton State Bank by signing a note. Paid $250 to repair service for plumbing repairs. Paid balance amount owed from equipment purchase on March 8. Paid $2,280 for six months of insurance.

Bank 'n' Roll, Inc. pays its employees once a month and records the expense at the time of payment. On May 31, Bank 'n' Roll, Inc. paid its employees $10,000 for work performed in May. The entry to record the payment includes a (Check all that apply.) Check all that apply. debit to Cash for $10,000 credit to Wages Expense for $10,000 credit to Wages Payable for $10,000 debit to Wages Expense for $10,000 credit to Cash for $10,000

Sun Devil Hair Design has the following transactions during the month of February. February 2 Pay $700 for radio advertising for February.February 7 Purchase beauty supplies of $1,300 on account.February 14 Provide beauty services of $2,900 to customers and receive cash.February 15 Pay employee salaries for the current month of $900.February 25 Provide beauty services of $1,000 to customers on account.February 28 Pay utility bill for the current month of $300.Required:Record each transaction. Sun Devil uses the following accounts: Cash, Accounts Receivable, Supplies, Accounts Payable, Service Revenue, Advertising Expense, Salaries Expense, and Utilities Expense.

an invoice for kitchen appliances is dated December 23 and is paid on January 14 of the following year. credit terms are 2/15,n/45 EOM. The total amount, $497.48 includes a charge for freight and insurance of $62.43.    A. What amount should be paid?  B.How much is credited to the buyer's account? C. Is any money still owed after the payment?

Ainsley Emporium sells gift cards to customers. In December, customers purchased $10,000 of gift cards. During December, the gift card recipients used gift cards to purchase $3,000 of goods. Prepare Ainsley’s entry for (1) the sale of the gift cards and (2) the year-end adjusting entry. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit             (To record cash received for goods to be provided at a later date)                 (To record the sale of merchandise using a gift card)

Safe Home provides house-sitting for people while they are away on vacation. Some of its customers pay immediately after the job is finished. Some customers ask that the business send them a bill. On December 31, Safe Home has collected $800 from cash-paying customers. Safe Home's remaining customers owe the business $1,800. Cash received Revenue Recorded Total Revenue Recorded December 31 December 31 Cash Basis 800 800 800 December 31 December 31 Accrual Basis 800 1800 2600

Use the unpaid balance method to find the finance charge on the credit card account for August. The starting balance from the previous month is ​$240. The transactions on the account for the month are given in the table to the right. Assume an annual interest rate of 21​% on the account and that the billing date is August 1st.

Following are some transactions and events of Business Solutions. February 26 The company paid cash to Lyn Addie for eight days' work at $140 per day. March 25 The company sold merchandise with a $2,500 cost for $3,100 on credit to Wildcat Services, invoice dated March 25. Required: 1. Assume that Lyn Addie is an unmarried employee. Her $1,120 of wages have deductions for FICA Social Security taxes, FICA Medicare taxes, and federal income taxes. Her federal income taxes for this pay period total $112. Compute her net pay for the eight days' work paid on February 26. 2. Record the journal entry to reflect the payroll payment to Lyn Addie as computed in part 1. 3. Record the journal entry to reflect the (employer) payroll tax expenses for the February 26 payroll payment. Assume Lyn Addie has not met earnings limits for FUTA and SUTA (the FUTA rate is 0.6% and the SUTA rate is 5.4% for the company). 4. Record the entries for the merchandise sold on March 25 if a 4% sales tax rate applies.…