Step 1 ep 4 step 3 step 3 exhibit 4 diagram of the

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Step 1 ep 4 Step 3 Step 3 Exhibit 4 Diagram of the Recording and Posting of a Debit and a Credit (continued) ep 3
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1-22 2-22 22 Dec. 1 NetSolutions paid rent for December, $800. The company from which NetSolutions is renting its store space now requires the payment of rent on the first of each month, rather than at the end of the month. 0 3
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1-23 2-23 23 Dec. 1 NetSolutions received an offer from a local retailer to rent the land purchased on November 5. The retailer plans to use the land as a parking lot for its employees and customers. NetSolutions agreed to rent the land to the retailer for three months, with the rent payable in advance. (continued) 3
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1-24 2-24 24 Dec. 1 NetSolutions receives $360 for three month’s rent for use of its land beginning December 1. 3
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1-25 2-25 25 Dec. 4 NetSolutions purchased office equipment on account from Executive Supply Co. for $1,800. 3
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1-26 2-26 26 Dec. 6 NetSolutions paid $180 for a newspaper advertisement. 3
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1-27 2-27 27 Dec. 11 NetSolutions paid creditors $400. 3
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1-28 2-28 28 Dec. 13 NetSolutions paid a receptionist and part-time assistant $950 for two weeks’ wages. 3
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1-29 2-29 29 Dec. 16 NetSolutions received $3,100 from fees earned for the first half of December.
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  • Spring '10
  • pernia
  • Accounting, 1981, 1975, 1973, Double-entry bookkeeping system, NetSolutions

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