Reference no: EM132511837
Olga is dog sitter ; she cares for dogs when their owners can't do it. Here is a part of the Journal of May 2018. Classify the events using these accounts: Cash, Receivables, Fees, Shampoos, Payables, Bad debts.
May 1- Dog sitting Janet's Fido. Janet will pay 80 CHF next week.
May 2 - Dog sitting Mr. Barolo's Rex. Received 35 CHF.
May 3 - Washed Rex. Total shampooing. Received 35 CHF from Mr. Barolo.
May 4 - Bought shampoo in multipack. 40 CHF. Bill will be paid next week.
May 5 - Dog sitting Pamela's Koko. Pamela paid only 40 CHF and she will pay 50 CHF next week.
May 8 - Janet paid 80 CHF.
May 9 - Washed Fido. Janet paid 35 CHF.
May 10 - Paid bill for shampoo from previous week.
May 11 - Pamela appears to be totally unable to pay.
Question 1: Transfer the amounts from above into these T-accounts. (Fees, Shampoos, Bad Debts) Calculate the profit.