Using the following revenue journal for Alpha Services Inc., identify each of the posting references, indicated by
Question:
Using the following revenue journal for Alpha 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 ledgeraccounts.
Transcribed Image Text:
REVENUE JOURNAL Post. Accounts Rec. Dr. Fees Earned Cr. Account Debited Invoice No. Date 2010 Nov. 1 Ref. Environmental Safety Co. Jenkins Co. Eco-Systems TEK Corp. 112 113 114 115 (a) (b) (c) (d) $2,625 1,050 1,600 965 10 18 27 30 $6,240 (e)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
a Posting to subsidiary ledger b ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Question Posted:
Students also viewed these Accounting questions
-
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...
-
Using the following revenue journal for Gamma Services Inc., identify each of the posting references, indicated by a letter, as representing (1) Posting to general ledger accounts or (2) Posting to...
-
ME-1" Ltd. acquired 80% equity shares of You-2nd Ltd. on 30/04/2020 for a cost of GHS60,000. At that time the general reserves were GHe6,000 respectively.
-
A custom-made product is produced by processing materially sequentially through four departments. To process material, department #1 requires .5 hours per unit, department #2 requires .6 hours per...
-
Dakota Corporation is preparing its balanced scorecard for the past quarter. The balanced scorecard contains four perspectives: financial, customer, internal business process, and learning and...
-
Air at standard conditions enters the compressor shown in Fig. P5.26 at a rate of \(10 \mathrm{ft}^{3} / \mathrm{s}\). It leaves the tank through a 1.2-in.-diameter pipe with a density of \(0.0035...
-
Following is a list of controls in the acquisition and payment cycle for inventory and cost of goods sold. Match each control with the following activities in this cycle: (1) requisition for goods...
-
Bonita, Ltd. manufactures shirts, which it sells to customers for embroidering with various slogans and emblems. The standard cost card for the shirts is as follows. Standard Price Standard Quantity...
-
Case Study: star struck Iridium is named after the 77th element to signify the 77 satellites that were supposed to beam signals around the world, creating a worldwide mobile satellite telephone...
-
Armor Security Services Inc. provides both commercial and residential security services on account. Two transactions are identified below.Dec. 1. Issued Invoice No. 862 to Matrix Inc. for security...
-
Based on the data presented in Exercise 5-1, assume that the beginning balances for the customer accounts were zero, except for TEK Corp., which had a $620 beginning balance. In addition, there were...
-
Deidre Hall can afford monthly payments of $690 on a mortgage. Current mortgage rates are 3.5 percent, compounded semiannually. The longest period over which a mortgage can be amortized is 25 years....
-
What does significant influence imply regarding intercorporate investments? Describe the accounting procedures used for such investments.
-
Explain how a company's four primary financial statements are linked.
-
What is an unrealized holding gain (loss)? Explain.
-
Does a statement of cash flows report on a period of time or at a point in time? Explain the information and activities conveyed in the statement of cash flows.
-
Is the expense of a lease over its entire life the same whether or not it is capitalized? Explain.
-
Let \(X_{1}, \ldots, X_{n}\) be a set of independent and identically distributed random variables from a distribution \(F\) with continuous density \(f\). Prove that the histogram estimate with fixed...
-
Classify each of the following as direct costs or indirect costs of operating the Pediatrics ward for children at the Cleveland Clinic: a. Wi-Fi covering the entire hospital campus b. Net cost of...
-
State two methods for handling patterns in missingness.
-
The following is an excerpt from a conversation between Jon Akers and Deb Flack. Jon is debating whether to buy a stereo system from Old Town Audio, a locally owned electronics store, or Sound Pro,...
-
Your sister operates Budget Parts Company, an online boat parts distributorship that is in its third year of operation. The income statement is shown below and was recently prepared for the year...
-
Assume that you are planning to purchase a 52-inch I.CD, flat screen television. In groups of three or four, determine the lowest cost for the television, considering the available alternatives and...
-
Crenshaw Inc. is considering a change to activity-based product costing. The company produces two products, cell phones and tablet PCs, in a single production department. The production department is...
-
Alex Corporation reports the following components of stockholders' equity at December 31 of the prior year. Common stock-$25 par value, 50,000 shares authorized, 33,000 shares issued and outstanding...
-
The annual report for Fabeck Finishing Corporation contained the following information: (in millions) Accounts Receivable Allowance for Doubtful Accounts 2021 $ 673 2020 $ 735 32 31 $ 641 $ 704...
Study smarter with the SolutionInn App