ZuoTi.Pro
Question

Following Transactions are Julys activities • Record the advance Payments made by the mens and womens bouling league total
business   accounting   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Transaction Credit General Journal Cash Unearned Revenue Debit 3,100 3,100

0 0
Add a comment
Know the answer?
Add Answer to:
Following Transactions are July's activities • Record the advance Payments made by the men's and women's...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers.

    The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers. a. Bill's collected $17,000 from customers for services related to games played in July b. Bill's billed a customer for $450 for a party held at the center on the last day of July. c. The bill is to be paid in August. The men's and women's bowling leagues gave Bill's advance payments totaling $2,800 for the fall season that starts in September d. Bul's received $1200 from...

  • M3-3 Identifying Accrual Basis Revenues [LO 3-2] The following transactions are July activities of Bill’s Extreme Bowling, Inc., which operates several bowling centers

    M3-3 Identifying Accrual Basis Revenues [LO 3-2] The following transactions are July activities of Bill’s Extreme Bowling, Inc., which operates several bowling centers. If revenue is to be recognized in July, indicate the amount.  a. Bill's collected $21,600 from customers for services related to games played in July.   b. Bill's billed a customer for $355 for a party held at the center on the last day of July. The bill is to be paid in August.  c.The men's and women's bowling leagues...

  • Utilities Expense Cash Income Net Income 24 M3-2 Identifying Accrual Basis Revenues The following transactions are...

    Utilities Expense Cash Income Net Income 24 M3-2 Identifying Accrual Basis Revenues The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates sev- eral bowling centers. If revenue is to be recognized in July, indicate the amount. If revenue is not to be recognized in July, explain why. Amount or Explanation Activity a. Bill's collected $12,000 from customers for services related to games played in July. b. Bill's billed a customer for $250 for a party held...

  • operates with 26 Record the following transactions of Lisa's Fashion Boutique na general journal Lisa's Fashion...

    operates with 26 Record the following transactions of Lisa's Fashion Boutique na general journal Lisa's Fashion sales tax Round your intermediate calculations and final answers to 2 decimal places): sale cards card the 13 percent discount credit card sales at the 15 Sold merchandise totaling 5.000 toutes using an Express Receveut dure for cas , less their 14 percet di for sales made by customers using Express on Fabruar View transactions Journal entry worksheet Said marchand forth tota 52300 cards...

  • Record the following transactions of Lisa’s Fashion Boutique in a general journal. Lisa's Fashion Boutique operates...

    Record the following transactions of Lisa’s Fashion Boutique in a general journal. Lisa's Fashion Boutique operates in a state with 8% sales tax. (Round your intermediate calculations and final answers to 2 decimal places): DATE TRANSACTIONS 2019 Feb. 2 Sold merchandise for cash totaling $3,300 to customers using bank credit cards. Record the 8 percent discount on credit card sales at time of sale. 15 Sold merchandise totaling $3,700 to customers using American Express. 20 Received amount due from American...

  • Record the following transactions of Lisa’s Fashion Boutique in a general journal. Lisa's Fashion Boutique operates...

    Record the following transactions of Lisa’s Fashion Boutique in a general journal. Lisa's Fashion Boutique operates in a state with 8% sales tax. (Round your intermediate calculations and final answers to 2 decimal places): DATE TRANSACTIONS 2019 Feb. 2 Sold merchandise for cash totaling $3,800 to customers using bank credit cards. Record the 2 percent discount on credit card sales at time of sale. 15 Sold merchandise totaling $2,100 to customers using American Express. 20 Received amount due from American...

  • The following transactions are July activities of Emma’s Tik Tok Service, which creates videos. Emma’s collected...

    The following transactions are July activities of Emma’s Tik Tok Service, which creates videos. Emma’s collected $2,250 from customers for services related to videos created in July.         Emma’s billed a customer for $768 for a video made on the last day of July. The bill is to be paid in August.                                On July 1, a customer gave Emma’s advance payments totaling $1,600 for the four months of work to be done equally staring in July Emma’s received $615 from...

  • Sud The following transactions are February 2017 activities of InGolf Help, which offers indoor golfing lessons....

    Sud The following transactions are February 2017 activities of InGolf Help, which offers indoor golfing lessons. You have been hired to analyze the following transactions for a week in February 2017 February 15 Ingolfhelp collected $12,500 from customers for lessons given in February February 15 Ingolftep sold a gift card for golf lessons for $150 cash in February February 18 Ingolfhelp received $4,200 free credit sales made to customers in January February 18 Ingolfhely collects 51,750 in advance payments for...

  • The following transactions are July activities of Evan’s Tik Tok Service, which creates videos. Evan collected...

    The following transactions are July activities of Evan’s Tik Tok Service, which creates videos. Evan collected $4,185 from customers for services related to videos created in July.         Evan billed a customer for $811 for a video made on the last day of July. The bill is to be paid in August. On July 1, a customer gave Evan advance payments totaling $3,382 for the four months of work to be done equally staring in July Evan received $894 from credit...

  • Valcomb Wholesale Distributor made the following transactions in year 6. Record all the transactions in general...

    Valcomb Wholesale Distributor made the following transactions in year 6. Record all the transactions in general journal form. Aug 8th Bought inventory on account from Fountain Mfg. company for $11,300.00. terms 2.5/10, net 30. Aug 11th Paid $315 to Hare transport for shipping charges for inventory we are acquiring Aug 13th Sold merchandise on acct. to Alixx Co. for $105,500. All on acct. sales are with terms 1.5/10, net 30. This merchandise cost us $52,750. Aug 16th Fountain Mfg. company...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT