Animal shelter service organization

You just started up a new animal shelter service organization. Record the below transactions for the first month of operations in the transaction worksheet. The beginning balance for all accounts is $0. Borrows $50,000 from a local bank. Signs a contract with a local carpenter to build a fence at a $250 service fee per hour. It is scheduled to be built next month and will take 10 hours to complete. Buys 50 bags of dog food and 25 bags of cat food. Dog food costs $20 per bag, while cat food costs $30 per bag.

The food was bought on credit which is to be paid soon. Pays $5,000 to buy an office sign to hang in front of its building. It was received when paid. Purchases office computers, server, printers, and a copier, all of which were received. They cost total $10,000, half of which was paid and the other half is to be paid soon. record the transactions in your excel spreadsheet