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  3. t # 8 for each of the following items, indica

T # 8 For each of the following items, indicate...

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Accounting

T # 8
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For each of the following items, indicate whether that item would be considered to be a transaction at Gerbig Pet Grooming Corporation. A customer, Layne Gracen, gives Gerbig a check for $620 to prepay for her dog's grooming appointments for the upcoming year. Gerbig pays $310 for last month's electric bill. Gerbig selects a new supplier for its shampoos and conditioners. The controller for Gerbig pays the bill for a catered lunch at its annual training event for employees. Gerbig files its articles of incorporation with the state. Gerbig acquires a new stainless steel tub by signing a note payable with PetStar, a supplier of pet grooming supplies and products. Maggie Cramer, a customer, signs a contract for next year's dog grooming with Gerbig. Gerbig pays its employees an annual bonus on December 31

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