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Monaco & Associates
Use the Following Five Transactions for Monaco \quad

question 15

Multiple Choice

Monaco & Associates
Use the following five transactions for Monaco & Associates to answer the following question.
Oct. 1 \quad Bills are sent to clients for services provided in September in the amount of $800\$ 800 .

9 \quad Dravo Co. delivers office furniture ($1,060) ( \$ 1,060 ) and office supplies ($160) ( \$ 160 ) to Monaco leaving an invoice for $1,220\$ 1,220 .

15 \quad Payment is made to Dravo Co. for the furniture and office supplies delivered on October 9 .

23 \quad A bill for $430\$ 430 for electricity for the month of September is received and will be paid on its due date in November.

31 \quad Salaries of $850\$ 850 are paid to employees.
-See the transactions for Monaco & Associates. ?
The journal entry to record the October 1 transaction will include a debit of $800 to


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