Selected transactions for the Finney Company are presented in journal form below. Post the transactions to T

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Selected transactions for the Finney Company are presented in journal form below. Post the transactions to T accounts. Make one T account for each item and determine each account’s ending balance.

J1 Ref. Debit Credit Account Titles and Explanation Accounts Receivable Service Revenue (Billed for services provided) C

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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Sep 20, 2011 08:04 AM

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Selected transactions for the Finney Company are presented in journal form below. Post the transactions to T

Question:

J1 Ref. Debit Credit Account Titles and Explanation Accounts Receivable Service Revenue (Billed for services provided) Cash Accounts Receivable (Received cash in payment of account) Cash Service Revenue (Received cash for services provided) Date May 5 5,000 5,000 12 2,400 2,400 3,000 15 3,000

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512 515 2400 3000 Ending Bal ...View the full answer

Accounting Principles

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