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.

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.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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