Using the following revenue journal for Zeta Services Inc., identify each of the posting references, indicated by
Question:
Using the following revenue journal for Zeta Services Inc., identify each of the posting references, indicated by a letter, as representing
(1) Posting to general ledger accounts or
(2) Posting to subsidiary ledger accounts.
Transcribed Image Text:
REVENUE JOURNAL Invoice No. Accounts Rec. Dr. Fees Earned Cr. Post. Account Debited Ref. Date 2014 Mar. 1 10 Hazmat Safety Co. $2,875 112 (a) (b) (c) (d) Masco Co. 113 980 1,700 1,240 Eco-Systems 114 20 115 Sunrise Enterprises 27 30 $6,795 (e)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
1 General ledg...View the full answer
Answered By
John Kago
Am a processional practicing accountant with 5 years experience in practice, I also happens to have hands on experience in economic analysis and statistical research for 3 years. am well conversant with Accounting packages, sage, pastel, quick books, hansa world, etc, I have real work experience with Strata, and SPSS
4.70+
31+ Reviews
77+ Question Solved
Related Book For
Financial & Managerial Accounting
ISBN: 978-1285868776
13th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Question Posted:
Students also viewed these Business questions
-
Based on the data presented in Exercise 5-1, assume that the beginning balances for the customer accounts were zero, except for Sunrise Enterprises, which had a $480 beginning balance. In addition,...
-
Using the following revenue journal for Omega Services Inc., identify each of the posting references, indicated by a letter, as representing (1) Posting to general ledger accounts (2) Posting to...
-
Using the following revenue journal for Delta Consulting Co., identify each of the posting references, indicated by a letter, as representing (1) Posting to general ledger accounts (2) Posting to...
-
Information for Drone On Limited is shown below: Total fixed expenses are $100,000 per month, and Drone On Limited is selling 1,000 drones per month. Required: 1. The marketing manager argues that a...
-
In below Problems : (a) Find any horizontal and vertical asymptotes. (b) Find any relative maxima and minima. (c) Sketch each graph. 1. 2. 3. x y : +2 8( 2) = ?
-
How can environmental supply chain performance be measured?
-
The board of directors of Changing Seasons Health Spa authorizes the issuance of \(\$ 600,000\) of \(7 \%, 10\)-year bonds payable. The semiannual interest dates are May 31 and November 30. The bonds...
-
Tomkung Corporations income statements are presented in the following spreadsheet. Required Construct a spreadsheet to conduct horizontal analysis of the income statements for 2015 and2014. 2015 2014...
-
QUESTION 19 Titou Co.'s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (42,000 units) $ Variable expenses Contribution margin Fixed expenses...
-
Jackson Manufacturing holds a 150-day note of $10,000 that has an interest rate of 7% annually. After 90 days, the note is sold to a bank at a discount rate of 6% annually. Find the proceeds on the...
-
Using the following cash payments journal, identify each of the posting references, indicated by a letter, as representing (1) A posting to a general ledger account, (2) A posting to a subsidiary...
-
Apple Inc.s iTunes provides digital products, such as music, video, and software, which can be downloaded to portable devices such as the iPhone and iPod. Purchases made on iTunes are made with...
-
Consider the simply supported beam with an intermediate load in Appendix A96. Determine the deflection equation if the stiffness of the left and right supports are k1 and k2, respectively.
-
1. Contrast the proper planning and sales techniques for a straight rebuy, modified rebuy, and new buy situation. 2. Define and compare each along with at least two differences in terms of the time...
-
Match the ten companies' names with these ten columns and give adequate explanations. Filter Builder OFF Cell Highlighter Balance Sheet Cash, Cash Equivalents & ST Investments Accounts Receivable...
-
A state statute prohibits family courts from granting visitation rights to sperm donors without the consent of either the biological mother or all adoptive parents. A sperm donor whose teenaged...
-
At 3AM officers respond to an apartment complex because of a call regarding a child wandering around unattended. The officers arrive and find the 3 year old child, wearing pajamas and no shoes with a...
-
Stark company has the following adjusted accounts and normal balances at its December 31 year-end. Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash Wages expense...
-
Elisa spends $1,000 to entertain her customers at the local country club. The club charges an annual membership fee of $800. Elisa uses the facility 80 percent of the time for business. Her employer...
-
On April 29, 2015, Auk Corporation acquires 100% of the outstanding stock of Amazon Corporation (E & P of $750,000) for $1.2 million. Amazon has assets with a fair market value of $1.4 million (basis...
-
From the following list of steps in the accounting cycle, identify what two steps are missing. a. Transactions are analyzed and recorded in the journal. b. An unadjusted trial balance is prepared. c....
-
From the following list of steps in the accounting cycle, identify what two steps are missing. a. Transactions are analyzed and recorded in the journal. b. An unadjusted trial balance is prepared. c....
-
From the following list of steps in the accounting cycle, identify what two steps are missing. a. Transactions are analyzed and recorded in the journal. b. An unadjusted trial balance is prepared. c....
-
Build a GUI conference registration program: StuPre | Conference Registration Event # of Participants Select Event 1 1 Event 2 2 Event 3 0 Event 4 1 Event 5 0 Enter your email: Register
-
1. Write a method that takes a string as input and prints true if the String length is greater than 6 characters. The method should print false otherwise. 2. Write a method that takes a String s and...
-
The analysis algorithm is known as follows: function Analysis(n:integer) ->integer {Initial State: n >= 0 Final State: Return calculation n(n+1)/2} Dictionary i: integer res: real Algorithm Res
Study smarter with the SolutionInn App