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deansboy811
Jul 12, 2007, 12:26 PM
Martin Rental Company

Oct 1 - Martin Buys Two New Saws On Credit At $375.00 Each. The Saws Are Added To Martins Rental Fleet; Payment Is Due In 30 Days

Oct 8 - Martin Accepts Advance Deposits For Tool Rentals Of $75.

Oct 15 – Martin Receives A $150.00 Bill For Electricity Provided By Local Elec. Co.; Payment Is Due In 30 Days.

Oct 20 – Martin Charges Customers $750.00 For Tool Rentals; Payment Is Due From Customers In 30 Days.

Oct 31 – Martin Receives Payments Of $500.00 From Customers Billed For Rentals On October 20.


How Much Is Still Owed Martin From Its Customers?

What Is Martins Income For The Month Of October?
SUZZIE
Jul 12, 2007, 12:50 PM
Martin Rental Company

Oct 1 - Martin Buys Two New Saws On Credit At $375.00 Each. The Saws Are Added To Martins Rental Fleet; Payment Is Due In 30 Days

Oct 8 - Martin Accepts Advance Deposits For Tool Rentals Of $75.

Oct 15 – Martin Receives A $150.00 Bill For Electricity Provided By Local Elec. Co.; Payment Is Due In 30 Days.

Oct 20 – Martin Charges Customers $750.00 For Tool Rentals; Payment Is Due From Customers In 30 Days.

Oct 31 – Martin Receives Payments Of $500.00 From Customers Billed For Rentals On October 20.


How Much Is Still Owed Martin From Its Customers?

What Is Martins Income For The Month Of October?
$425.00