21. EBM Consulting Services had the following transactions for the month of November. Journalize the transactions...
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21. EBM Consulting Services had the following transactions for the month of November. Journalize the transactions and include an explanation with each entry. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) 1 (Click the icon to view the transactions.) Nov. 1: The business received $16,000 cash and issued common stock. Date Accounts and Explanation Debit Credit Nov. 1 Nov. 1 The business received $16,000 cash and issued common stock. Nov. 15 Purchased office supplies on account, $100. Paid advertising bill, $90. Nov. 18 Nov. 20 Received $1,500 from customers for services rendered. Nov. 28 Cash dividends of $800 were paid to stockholders. 21. EBM Consulting Services had the following transactions for the month of November. Journalize the transactions and include an explanation with each entry. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) 1 (Click the icon to view the transactions.) Nov. 1: The business received $16,000 cash and issued common stock. Date Accounts and Explanation Debit Credit Nov. 1 Nov. 1 The business received $16,000 cash and issued common stock. Nov. 15 Purchased office supplies on account, $100. Paid advertising bill, $90. Nov. 18 Nov. 20 Received $1,500 from customers for services rendered. Nov. 28 Cash dividends of $800 were paid to stockholders.
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Related Book For
Horngrens Accounting
ISBN: 978-0133855371
10th Canadian edition Volume 1
Authors: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo-Ann L. Johnston, Peter R. Norwood
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