brown company provided services to a customer and immediately collected $1900 cash show how to record...
ecthtml for Decisions - Wild, Shaw, Chiappetta, 70, Accounting in Business Russell's Consulting Services Company provided $1,000 of services to the local college and Immediately collected $700, but the college wants to pay the rest next month. Record this transaction in the accounting equation for Russell's Consulting Service by: Click the answer you think is right. decreasing Cash; and increasing both Accounts Receivable and Common Stock increasing both Cash and Accounts Receivable; and decreasing Revenues Increasing Cash and Accounts Payable;...
On September 8, a company provides services on account to a customer for $1,800, terms 5/10, 1/30. The customer pays for those services on September 15. Record the transactions for the company when the services are provided on September 8 and when the cash is collected on September 15. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Record the service revenue on account. Note:...
31) A business uses a credit to record: A) An increase in an expense account. B) A decrease in an asset account. C) A decrease in an unearned revenue account. D) A decrease in a revenue account. E) A decrease in a capital account. 32) Identify the statement below that is correct: A) The left side of a T-account is the credit side. B) Debits decrease asset and expense accounts, and increase liability, equity, and revenue accounts. C) The left...
On September 8, a company provides services on account to a customer for $2,700, terms 4/10, n/30. The customer pays for those services on September 15. Record the transactions for the company when the services are provided on September 8 and when the cash is collected on September 15. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 Record the cash collected....
Cash can take many forms. From the lists of items below. choose the one which includes only items that would be defined as cash Checks, coins, accounts payable O Coins, accounts receivables, checks Checks, money orders, supplies O Coins, checks, money orders Confidence Level Rate your confidence to submit your answer. FINI ACCUMS Fundamentais, 10 Ext Assignment ||||||||||||||||||0 .00 22 of 34 Concepts Fill in the Blank Question Butter Company purchased $300 of supplies for cash. Illustrate how to record...
On September 8, a company provides services on account to a customer for $1,800, terms 3/10, n/30. The customer pays for those services on September 15. Record the transactions for the company when the services are provided on September 8 and when the cash is collected on September 15. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 Record the service revenue...
18 On September 8, a company provides services on account to a customer for $1,800, terms 4/10. n/30. The customer pays for those services on September 15. Record the transactions for the company when the services are provided on September 8 and when the cash is collected on September 15. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field) 7 points View transaction list 02:10:41 Journal entry worksheet < 1...
Sep 16 Collected $3,000 cash from a client on account. 18 Provided services on account, $2,500. 21 Received $1,200 cash for services provided. 23 Purchased supplies on account, $900. 25 Paid $1,900 in dividends. 27 Paid $2,000 on account. 29 Received $3,300 cash for services provided. 30 Paid rent, $2,000. 30 Paid employees' salaries, $2,500. GOO, Inc. Trial Balance September 15, 2018 Acct # Account Debit Credit 110 Cash $ 3,700 112 7,300 Accounts receivable Supplies 115 100 140 11,700...
Kacy Spade, owner, invested $13,000 cash in the company in exchange for common stock. The company purchased office supplies for $377 cash. The company purchased $7,189 of office equipment on credit. The company received $1,534 cash as fees for services provided to a customer. The company paid $7,189 cash to settle the payable for the office equipment purchased in transaction c. The company billed a customer $2,756 as fees for services provided. The company paid $530 cash for the monthly...
The transactions of Spade Company appear below.
Kacy Spade, owner, invested $14,500 cash in the company in
exchange for common stock.
The company purchased office supplies for $421 cash.
The company purchased $8,019 of office equipment on
credit.
The company received $1,711 cash as fees for services provided
to a customer.
The company paid $8,019 cash to settle the payable for the
office equipment purchased in transaction c.
The company billed a customer $3,074 as fees for services
provided.
The...