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?
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?