Selected transactions for Sophie’s Dog Care are as follows during the month of March. 1 Paid monthly rent of $910. 3 Performed services
Selected transactions for Sophie's Dog Care during the month of March are as follows:
- Paid monthly rent of $910.
- Performed services for $110 on account.
- Performed services for cash, totaling $55.
- Purchased equipment for $455. The company paid $60 in cash, with the remaining balance on account.
- Received cash from customers billed on March 3.
- Paid wages to employees totaling $400.
- Paid utilities amounting to $54.
- Borrowed $1,140 from Grafton State Bank by signing a note.
- Paid $170 for plumbing repairs.
- Paid the remaining balance owed from the equipment purchase on March 8.
- Paid $1,370 for six months of insurance.
Please journalize these transactions. If no entry is required, select "No Entry" for the account titles and enter "0" for the amounts. Credit account titles will be automatically indented when amounts are entered, so please do not indent them manually. Record the journal entries in the order presented above.
4 Answers
Jan 29, 2025
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