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Tuesday, 19 September 2017

Selected transactions for Sophie’s Dog Care are as follows during the month of March.



Selected transactions for Sophie’s Dog Care are as follows during the month of March.

March 1

Paid monthly rent of $1,200.
3

Performed services for $140 on account.
5

Performed services for cash of $75.
8

Purchased equipment for $600. The company paid cash of $80 and the balance was on account.
12

Received cash from customers billed on March 3.
14

Paid salaries and wages to employees of $525.
22

Paid utilities of $72.
24

Borrowed $1,500 from Grafton State Bank by signing a note.
27

Paid $220 to repair service for plumbing repairs.
28

Paid balance amount owed from equipment purchase on March 8.
30

Paid $1,800 for six months of insurance.
                                                                             
Journalize the transactions.






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