Prepare general journal entries for the following transactions of Green Energy Company. Use the following (partial) chart
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Prepare general journal entries for the following transactions of Green Energy Company. Use the following (partial) chart of accounts: Cash; Accounts Receivable; Supplies; Accounts Payable; Consulting Revenue; and Utilities Expense.
May 1 The company billed a customer $2,000 in consulting revenue for sustainable proposals.
3 The company purchased $300 of energy-efficient supplies on credit.
9 The company collected $500 cash as partial payment of the May 1 consulting revenue.
20 The company paid $300 cash toward the payable for energy-efficient supplies.
31 The company paid $100 cash for May’s renewable energy utilities.
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Related Book For
Financial Accounting Information for Decisions
ISBN: 978-1259917042
9th edition
Authors: John J. Wild
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