Prepare three ledger account forms like the one in Exhibit
Prepare three ledger account forms like the one in Exhibit 9 for the following accounts: Cash (111), Accounts Receivable (113), and Service Revenue (411). Post the transactions that are recorded in SE8 to the ledger accounts for 2014, at the same time making the proper posting references. Also prepare a trial balance.
In SE8, Prepare a general journal form like the one in Exhibit 8 and label it Page 4. Record the following transactions in the journal:
Sept. 6 Billed a customer for services performed, $3,800.
16 Received partial payment from the customer billed on September 6, $1,800.

Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
    Tutors
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
OR
Relevant Tutors available to help