The following selected transactions for Wilsons Consulting, Inc., occurred during the month of April. Give the journal

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The following selected transactions for Wilson’s Consulting, Inc., occurred during the month of April. Give the journal entry for each.

1. The firm provided services to customers for $10,000. Seventy percent was paid with cash and thirty percent was on account.

2. The firm paid $1,000 for part of a $3,000 purchase made in March on account.

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Financial Accounting: A Business Process Approach

ISBN: 978-0136115274

3rd edition

Authors: Jane L. Reimers

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Question Posted: Sep 01, 2014 12:24 PM

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The following selected transactions for Wilsons Consulting, Inc., occurred during the month of April. Give the journal

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1 Cash 7000 Accounts receivable 3000 Ser...View the full answer

Financial Accounting: A Business Process Approach

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