Melissa CaTHcan The Pet Sitters, Inc., had the following transactions during the month of January. For each of the 1. transactions, prepare journal entries. A. Paid $5,000 cash for cat litter. B. Paid $4,480 for wages for the month of January. C. Paid $480 in advance for February rent. D. Provided $12,000 in services on account. E. Paid $800 on accounts payable. F. Received $210 from customers as deposits for future pet sitting services. G. Obtained $390 in vet services during the month, but will not pay the bill until February. H. Paid $780 for equipment. Cr Dr Account 000 5,000 Gash Common Stock а b prepaid eeNt С payavie auounis е deposits f Vet services eauipMent h о0
Melissa CaTHcan The Pet Sitters, Inc., had the following transactions during the month of January. For each of the 1. transactions, prepare journal entries. A. Paid $5,000 cash for cat litter. B. Paid $4,480 for wages for the month of January. C. Paid $480 in advance for February rent. D. Provided $12,000 in services on account. E. Paid $800 on accounts payable. F. Received $210 from customers as deposits for future pet sitting services. G. Obtained $390 in vet services during the month, but will not pay the bill until February. H. Paid $780 for equipment. Cr Dr Account 000 5,000 Gash Common Stock а b prepaid eeNt С payavie auounis е deposits f Vet services eauipMent h о0
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Melissa CaTHcan
The Pet Sitters, Inc., had the following transactions during the month of January. For each of the
1.
transactions, prepare journal entries.
A. Paid $5,000 cash for cat litter.
B. Paid $4,480 for wages for the month of January.
C. Paid $480 in advance for February rent.
D. Provided $12,000 in services on account.
E. Paid $800 on accounts payable.
F. Received $210 from customers as deposits for future pet sitting services.
G. Obtained $390 in vet services during the month, but will not pay the bill until February.
H. Paid $780 for equipment.
Cr
Dr
Account
000
5,000
Gash
Common Stock
а
b
prepaid eeNt
С
payavie
auounis
е
deposits
f
Vet services
eauipMent
h
о0
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