Talisa Michaels Consultant completed the following transactions in: January January 10 Performed consulting services for customers...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Talisa Michaels Consultant completed the following transactions in: January January 10 Performed consulting services for customers on accounts, $7,200 Received cash on account from customers, $5,500 19 22 27 Paid monthly salary to employee, $2,200 Received $2,650 for three months of consulting services to be performed starting in February 31 T. Michaels withdrew money for personal use, $900 Create T Accounts for the transactions of Talisa Michaels' consulting business. Received a electric and gas (Utilities) bill, $200 which will be paid in February 29 Talisa Michaels Consultant completed the following transactions in: January January 10 Performed consulting services for customers on accounts, $7,200 Received cash on account from customers, $5,500 19 22 27 Paid monthly salary to employee, $2,200 Received $2,650 for three months of consulting services to be performed starting in February 31 T. Michaels withdrew money for personal use, $900 Create T Accounts for the transactions of Talisa Michaels' consulting business. Received a electric and gas (Utilities) bill, $200 which will be paid in February 29
Expert Answer:
Answer rating: 100% (QA)
TAccount Accounts Receivable January 10 Debit 7200 Consulting services performed for custome... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Following is the chart of accounts of Smith Financial Services: Assets 111 Cash 113 Accounts Receivable 115 Supplies 117 Prepaid Insurance 124 Office Furniture Liabilities 221 Accounts Payable Owners...
-
The Tusquittee Company is a retail company that began operations on October 1, 2018, when it incorporated in the state of North Carolina. The Tusquittee Company is authorized to issue 100,000 shares...
-
1. Create Journal Entry for March transactions. 2. Post each transaction to their respective ledger accounts. The "xx" (Ex: $1,9xx) just refers to the number as "$1,900".The "xx" = 00 Excellence...
-
Mary, who is single, had the following items for 2016: Required: Determine Marys adjusted gross income for 2016. Salary $80,000 Loss on sale of 8 1244 small business stock acquired 3 years ago...
-
A certain transverse sinusoidal wave of wavelength 20 cm is moving in the positive direction of an x axis. The transverse velocity of the particle at x = 0 as a function of time is shown in Figure,...
-
What conditions are important in independent internal verification.
-
Beta Supply completed the following selected transactions during the year: Requirements 1. Open T-accounts for Allowance for Uncollectible Accounts and Uncollectible Accounts Expense. These accounts...
-
Entrepreneur Chris Martin of Martin Guitar (see Chapter opener) uses a costing system with standard costs for direct materials, direct labor, and overhead costs. Two comments frequently are mentioned...
-
dy 2. [8 Marks]. Determine dx for each of the following. (a) y = sinxtanx (b) y = tanx
-
You are to develop a simple Binary Search Tree ADT and run it against a test program. Avoid the temptation of finding code online. I am aware of all the available solutions and will be looking...
-
Your friend received 50,000 shares of Beta Company yesterday as a birthday present. These shares currently sell at $50 each. He plans to sell these shares in six months to buy a home in Sydney. As...
-
What is a file server system, and what kind of network environment does it use?
-
What is the difference between the presentation layer and the presentation logic layer?
-
Although centralized systems are less complex and easier to implement, distributed systems have pretty much taken over from centralized systems. What were some of the reasons for this?
-
What type of data store is often overlooked by designers in conducting systems design?
-
What does a physical data flow represent?
-
Write the following functions: a): merging two ordered singly linked lists of integers into one ordered list. b): concatenating two lists p1 and p2. c): checking whether two singly linked lists have...
-
The column shown in the figure is fixed at the base and free at the upper end. A compressive load P acts at the top of the column with an eccentricity e from the axis of the column. Beginning with...
-
The unadjusted trial balance that you prepared for PS Music at the end of Chapter 2 should appear as shown on below. The data needed to determine adjustments for the two-month period ending July 31,...
-
During 2012, Norcross Corporation held a portfolio of available-for-sale securities having a cost of $175,000. There were no purchases or sales of investments during the year. The market values at...
-
The income statement of a proprietorship for the month of December indicates a net income of $120,000. During the same period, the owner withdrew $130,000 in cash from the business for personal use....
-
The life \(T\) in hours of a vibration transducer is found to follow exponential distribution \[p_{T}(t)= \begin{cases}\lambda e^{-\lambda t}, & t \geq 0 \\ 0, & t <0\end{cases}\] where \(\lambda\)...
-
Fill in the Blank. If any parameter of a vibrating system is not known precisely, the resulting vibration is called ____________ vibration.
-
The probability distribution function, \(P(\widetilde{x})\), denotes a. \(P(x \leq \tilde{x})\) b. \(P(x>\widetilde{x})\) c. \(P(\tilde{x} \leq x \leq \tilde{x}+\Delta x)\)
Study smarter with the SolutionInn App