Question

The Pet Sitters, Inc., had the following transactions during themonth of January.

 

A.

Paid $5,800 cash for cat litter.

B.

Paid $4,480 for wages for themonth of January.

C.

Paid $520 in advance forFebruary rent.

D.

Provided $12,800 in services onaccount.

E.

Paid $1,100 on accountspayable.

F.

Received $130 from customers asdeposits for future pet sitting services.

G.

Obtained $420 in vet servicesduring the month, but will not pay the bill until February.

H.

Paid $750 for equipment.