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

Question: Selected transactions for Indigo’s Dog Care are as follows during the month of March. March 1 Paid monthly rent of $1,390. 3 Performed services for $160 on account. 5 Performed services for cash of $85. 8 Purchased equipment for $695. The company paid cash of $95 and the balance was on account. Received cash from customers billed on March 3. Paid wages toSee the answerSee the answerSee the answer done loading
Show transcribed image text1 march rent account dr. 1390 to bank account 1390 3 march debtor account dr. 160 to revenue acc 160 5 march cash acc…View the full answerTranscribed image text: Selected transactions for Indigo’s Dog Care are as follows during the month of March. March 1 Paid monthly rent of $1,390. 3 Performed services for $160 on account. 5 Performed services for cash of $85. 8 Purchased equipment for $695. The company paid cash of $95 and the balance was on account. Received cash from customers billed on March 3. Paid wages to employees of $610. Paid utilities of $84. Borrowed $1,740 from Grafton State Bank by signing a note. Paid $260 to repair service for plumbing repairs. Paid balance amount owed from equipment purchase on March 8. Paid $2,090 for six months of insurance. 12 14 22 24 27 28 30 Journalize the transactions. (If no entry is required, select “No Entry” for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit [ ||||