Question

The accountant for the firm owned by Randy Guttery prepares financial statements at the end of each month. The following transactions for Randy Guttery, Landscape Consultant took place during the month ended June 30, 2019·The following transactions are for Randy Guttery, Landscape Consultant.

Answer 1

Cash					Account receivables
Randy Guttery, Capital	$ 1,43,000	$   4,300	Rent Expense		Fees Income	$ 14,700	$       7,350	Cash
Fees Income	$       8,900	$ 15,020	Office furniture		Cash	$ 16,700	$       6,300	Cash
Accounts receivables	$       7,350	$   1,080	Telephone expense		Bal	$ 17,750
Fees Income	$     15,200	$ 11,300	Office equipment
Accounts receivables	$       6,300	$   2,300	Miscellaneous Expense
		$ 11,500	Office equipment
		$   7,700	Salaries Expense
		$   2,050	Accounts payable
		$       530	Miscellaneous Expense
		$   1,050	Utilities Expense
		$   7,300	Randy Guttery, Drawing
Office equipment					Office furniture
Cash	$     11,300				Cash	$ 15,020
Accounts payable	$     23,300				Accounts payable	$   4,100
Cash	$     11,500				Bal	$ 19,120
Accounts payable	$     11,500
Bal	$     57,600
Accounts payable					Randy Guttery, Capital
Cash	$       2,050	$ 23,300	Office equipment				$ 1,43,000	Cash
		$ 11,500	Office equipment
		$   4,100	Office furniture		Bal		$ 1,43,000
Bal		$ 36,850
Randy Guttery, Drawing					Fees Income
Cash	$       7,300						8900	Cash
							$     14,700	Accounts receivables
Bal	$       7,300						$     15,200	Cash
							$     16,700	Accounts receivables
					Bal		$     55,500
Rent Expense					Utilities Expense
Cash	$       4,300				Cash	$   1,050
Bal	$       4,300				Bal	$   1,050
Salaries Expense					Telephone Expense
Cash	$       7,700				Cash	$   1,080
Bal	$       7,700				Bal	$   1,080
Miscellaneous Expense					Liabilities
Cash	$       2,300				Accounts payable	$ 36,850
Cash	$           530
Bal	$       2,830