SOLUTION:
Cash | ||||
Date | Explanation Ref | Debit | Credit | Balance |
12-May | 31 | 4,300 | 4,300 | |
15-May | 31 | 3,000 | 7,300 | |
Accounts Receivable | ||||
Date | Explanation Ref | Debit | Credit | Balance |
05-May | 31 | 5,900 | 5,900 | |
12-May | 31 | 4,300 | 1,600 | |
Service Revenue | ||||
Date | Explanation Ref | Debit | Credit | Balance |
05-May | 31 | 5,900 | 5,900 | |
15-May | 31 | 3,000 | 8,900 |
Brief Exercise 2-08 Selected transactions for the Sunland Bryce Company are presented in journal form below....
Current Attempt in Progress Selected transactions for the Pharoah Company are presented in journal form below. J1 Credit Ref. Debit Date May 5 6,000 6,000 12 1,470 Account Titles and Explanation Accounts Receivable Service Revenue (Billed for services performed) Cash Accounts Receivable (Received cash in payment of account) Cash Service Revenue (Received cash for services performed) 1,470 15 3,940 3,940 Post the transactions to T-accounts. Make one T-account for each item and determine each account's ending balance. (Post entries in...
Question 17 of 18 View Policies Current Attempt in Progress Selected transactions for the Swifty Bryce Company are presented in journal form below. Ref: Credit Date May 5 Debit 5,400 5,400 12 4,800 Account Titles and Explanation Accounts Receivable Service Revenue (Billed for services performed Cash Accounts Receivable (Received cash in payment of account) Casti Service Revenue (Received cash for services performed) 4.800 15 3,800 3.800 Post the transactions to T-accounts and determine each account's ending balance. (Post entries in...
Selected transactions for Sunland Company are presented below in journal form (without explanations). Date Account Title Debit Credit May 5 Accounts Receivable 4,660 Service Revenue 4,660 12 Cash 1,400 Accounts Receivable 1,400 15 Cash 1,530 Service Revenue 1,530 Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.) Cash Accounts Receivable Service Revenue
need help with BE2-7 stions for the Brook Wang Company are presented in journal form e transactions to T-accounts. Make one T-account for each item and deter- below. Post the transactions to T-accounts. Make one T mine each account's ending balance. J1 Date Ref. Debit Credit May 5 Account Titles and Explanation Accounts Receivable Service Revenue (Billed for services performed) 4,400 4,400 12 2,400 2,400 Cash Accounts Receivable (Received cash in payment of account) Cash Service Revenue (Received cash for...
PLUSWeygandt, Financial Accounting, 10e ESOURCES Brief Exercise 2-8 Selected journal entries for the Nikolal Company are presented below. e 2-2 31 Date Account Titles and ExplanationRef. Debit Credit May 5 Accounts Recelvable Service Revenue e 2-6 5,000 5,000 (Billed for services performed) 12 Cash 2,100 e 2-10 Accounts Receivable 2,100 (Received cash in payment of account) 15 Cash 3,200 Service Revenue 3,200 (Received cash for services performed) Post the transactions using the standard form of account. (Post entries in the...
ngenal Accounting, 2e Unread) Practice Brief Exercise 1 Your answer is partially correct. Try again Selected transactions for the Nikolai Company are presented in journal form below. Date Account Titles and Explanation Ref. Debit Credit May 5 Accounts Receivable Service Revenue 5,000 5,000 (Billed for services performed) 12 Cash 1,400 Accounts Receivable 1,400 (Received cash in payment of account) 15 Cash 3,000 Service Revenue 3,000 (Received cash for services performed) Post the transactions to T-accounts. Make one T-account for each...
Selected transactions from the journal of June Feldman, investment broker, are presented below. Ref. Credit Date Aug. 1 Debit 5,750 Account Titles and Explanation Cash Owner's Capital (Owner's investment of cash in business) Cash 5,750 10 2,990 Service Revenue 2.990 12 5,750 2,645 3,105 25 (Received cash for services performed) Equipment Cash Notes Payable (Purchased equipment for cash and notes payable) Accounts Receivable Service Revenue (Billed clients for services performed) Cash Accounts Receivable (Receipt of cash on account) 1,955 1,955...
Exercise 2-11 Selected transactions from the journal of Cheyenne Corp., are presented below. Credit Debit 45,900 45,900 20,655 20,655 38,250 Date Account Titles and Explanation Aug. 1 Cash Common Stock (Investment of cash for stock) 10 Cash Service Revenue (Received cash for services performed) 12 Equipment Cash Notes Payable (Purchased office equipment for cash and notes payable) 25 Account Receivable Service Revenue (Billed clients for services performed) 31 Cash Accounts Receivable (Receipt of cash on account) 6,120 32,130 12,240 12,240...
Selected transactions from the journal of Concord Corporation, are presented below. Date Account Titles and Explanation Debit Credit Aug. 1 Cash 59,400 Common Stock 59,400 (Investment of cash for stock) 10 Cash 26,730 Service Revenue 26,730 (Received cash for services performed) 12 Equipment 49,500 Cash 7,920 Notes Payable 41,580 (Purchased office equipment for cash and notes payable) 25 Account Receivable 15,840 Service Revenue 15,840 (Billed clients for services performed) 31 Cash 8,712 Accounts Receivable 8,712 (Receipt of cash on account)...
Selected transactions from the journal of Concord Corporation, are presented below. Date Account Titles and Explanation Debit Credit Aug. 1 Cash 59,400 Common Stock 59,400 (Investment of cash for stock) 10 Cash 26,730 Service Revenue 26,730 (Received cash for services performed) 12 Equipment 49,500 Cash 7,920 Notes Payable 41,580 (Purchased office equipment for cash and notes payable) 25 Account Receivable 15,840 Service Revenue 15,840 (Billed clients for services performed) 31 Cash 8,712 Accounts Receivable 8,712 (Receipt of cash on account)...