Question

Score: 0.5 of 2 pts < 2 of 4 (4 complete) HW Score: 60.42%, 4.83 of 8 % S7-9 (similar to) Question Help Carter's Auto Repair ended 2017 with Accounts receivable of $85,000 and a credit balance of $14.000 in Allowance for uncollectible accounts. During 2018, Carter's Auto Repair had the following activity (Click the icon to view the transactions.) Journalize Carter's Auto Repair's activity for 2018. (Record debits first, then credits Exclude explanations from any journal entries) a. Service revenue earned on account, $476,000 Journal Entry Accounts Date Debit Credit 2018 476,000 Accounts receivable Service revenue 476,000 b. Collections on account, $550,000 Date Journal Entry Accounts Accounts receivable Credit Debit 550000 2018 Service revenue 550000 Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All Check Answer 6440 CPU

Answer 1

a) Journal entry

	Accounts	Debit	Credit
a	Cash	550000
	Account receivable		550000

b) Journal entry

	Accounts	Debit	Credit
b	Cash	313000
	Account receivable		313000