Question

During December, Bartow photographed 225 members of the next year's graduating class of Show High School Bartow delivers these photographs on December 28 and will bill the school $5.00 per student in January of the next yeur Account Names DR Show any necessary calculations Mark for Review What's This? 1 points Question 3 of 5 Equipment used for developing and printing was rented for $22,500. The real term was for 1 year beginning on August and the entire year of rent was paid on August Account Name acer S 3

Answer 1

Working Notes:
	Calculation of Total Billing Amount
	Bartow Photographed =	225	Members
	Charges per Student	$                               5
	Total Billing Amount	$                      1,125
Solution:
	Accounts	Debit	Credit
	Accrued Revenue	$                      1,125
	Revenue		$                    1,125