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Rocky Guide Service provides guided 1-5 day hiking tours throughout the Rocky Mountains. Wilderness Tours hires Rocky to lead

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No Date General Journal Debit Credit
1 1-Jul No Journal entry required for the estimation of 30% chance of earning bonus
2 15-Jul Accounts Receivable 30000
Service Revenue 30000
3 16-Jul No Journal entry required for the estimation of 80% chance of earning bonus for July tours.
4 31-Jul Accounts Receivable 45000
Service Revenue 45000
5 5-Aug No Journal entry required for Rocky learning that he did not receive an average evaluation of "excellent" for his July tours.
6 5-Aug Cash 75000
Accounts Receivable 75000
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