Transcribed Image Text: During October 2016, Paws Veterinary Clinic completed the following transactions: BUSI 1043 INTRODUCTION TO FINANCIAL ACCOUNTING YORKVILLE UNIVE RSITY www.YORKVILLEU.CA Paws received $30,000 cash and issued common

Transcribed Image Text: During October 2016, Paws Veterinary Clinic completed the following transactions:
BUSI 1043 INTRODUCTION TO FINANCIAL ACCOUNTING
YORKVILLE
UNIVE RSITY
www.YORKVILLEU.CA
Paws received $30,000 cash and issued common shares to shareholders
Purchased supplies, $1,000, and equipment, $2,600 on account
Performed checkup services, and received cash, $1,500
Paid cash to acquire land for an office site, $22,000
11 Performed a surgery on a sick cat, and billed the customer $500
16 Paid for the equipment, purchased Oct 4 on account
17 Paid the telephone bill, $95
Received partial payment from client on account, $250
Paid the water and electricity bills, $400
29 Received $2,000 cash for conducting a workshop on “Healthy Cat Living”
31 Paid employee salary, $1,300
Declared and paid dividends of $1,500
Oct.
18
22
31

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