At October 1 2012 Padilla Industries had an accounts payable balance of $30000. During the month the company made purchases on account of $25000 and made payments on account of $36000. At October 31 2012 the accounts payable balance is (Points : 3) $19000. $21000. $41000. $91000. TransAm Mail Service purchased equipment for $2500. TransAm paid $400 in cash and signed a note for the balance. TransAm debited the Equipment account credited Cash and (Points : 3) nothing further must be done. debited the Capital account for $2100. credited another asset account for $400. credited a liability account for $2100.On May 25 Yellow House Company received a $650 check from Grizzly Bean for services to be performed in the future. The bookkeeper for Yellow House Company incorrectly debited Cash for $650 and credited Accounts Receivable for $650. The amounts have been posted to the ledger. To correct this entry the bookkeeper should: (Points : 3) debit Cash $650 and credit Unearned Service Revenue $650. debit Accounts Receivable $650 and credit Service Revenue $650. debit Accounts Receivable $650 and credit Cash $650. debit Accounts Receivable $650 and credit Unearned Service Revenue $650. A lawyer collected $720 of legal fees in advance. He erroneously debited Cash for $270 and credited Accounts Receivable for $270. The correcting entry is (Points : 3)