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Business, 28.01.2020 05:31 kittylover613

Boilermaker house painting company

1. sep 3 paint houses in the current month for $20,000 on account.

2. sep 8 purchase painting equipment for $21,000 cash.

3. sep 12 purchase office supplies on account for $3,500.

4. sep 15 pay employee salaries of $4,200 for the current month.

5. sept 19 purchase advertising to appear in the current month for $1,000 cash.

6. sep 22 pay office rent of $5,400 for the current month.

7. sep 26 receive $15,000 from customers in (1) above.

8. sep 30 receive cash of $6,000 in advance from a customer who plans to have his house painted in the following month.

a) record each transaction. the company uses the following accounts: cash, accounts receivable, supplies, equipment, accounts payable, deferred revenue, common stock, retained earnings, service revenue, salaries expense, advertising expense, rent expense.

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Boilermaker house painting company

1. sep 3 paint houses in the current month for $20,00...

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