Feb17: Purchased $2,000 inventory from Costco on
account.
Feb18: Completed a catering service for $5,000; $2,000
cash and the rest on account.
Feb19: Paid its bill for utility (received on Jan 20)
Feb21: Received a utility bill of $450, payable by March
19.
Feb26: Received $3,000 from a customer in advance for
a service scheduled for mid of March.
March1: Paid $1,200 for the rent of March.
March3: Paid $2,000 to Future Shop for the purchase
of Jan12.
March7: Ordered advertising for $350 on account.
March15: Completed half of the service which was
prepaid on Feb 26.
March17: Received $200,000 mortgage from bank and
purchased a building for $230,000; down payment
$30,000.