Use the five transactions for Martin Rentals described below to answer the questions that follow Transactions: Oct. 1 Martin purchases 2 new saws on credit at $375 each; the saws are added to Martin's rental fleet; payment is due in 30 days.
8 Martin accepts advance deposits for tool rentals of $75.15 Martin receives a $150 bill for electricity provided by Local Electric Company; payment is due in 30 days.
20 Customers are charged $750 by Martin for tool rentals; payment is due from customers in 30 days.
31 Payments of $500 are received by Martin from customers billed for rentals on October 20.

I couldn't find the questions that should follow these transactions, the only requirement that I found on similar questions was to journalize them:

Oct. 1 Martin purchases 2 new saws on credit at $375 each; the saws are added to Martin's rental fleet; payment is due in 30 days.

Dr Equipment 750

    Cr Accounts payable 750

8 Martin accepts advance deposits for tool rentals of $75.

Dr Cash 75

    Cr Unearned revenue 75

15 Martin receives a $150 bill for electricity provided by Local Electric Company; payment is due in 30 days.

Dr Electricity expense 150

    Cr Accounts payable 150

20 Customers are charged $750 by Martin for tool rentals; payment is due from customers in 30 days.

Dr Accounts receivable 750

    Cr Service revenue 750

31 Payments of $500 are received by Martin from customers billed for rentals on October 20.

Dr Cash 500

    Cr Accounts receivable 500

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