Question: December 9 Provides training services for $ 2 , 4 0 0 and rents training equipment for $ 6 0 0 . The customer is

December 9 Provides training services for $2,400 and rents training equipment for $600. The customer is billed $3,000 for these services.
December 19 Receives $3,000 cash from the customer billed on Dec. 9.
December 20 Purchases $2,000 of supplies on credit from a supplier.
December 23 Receives $1,600 cash in advance of providing a 4-week training service to a customer.
December 29 Pays $

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

December 9 Provides training services for $ 2 , 4 0 0 and rents training equipment for $ 6 0 0 . The customer is billed $ 3 , 0 0 0 for these services. December 1 9 Receives $ 3 , 0 0 0 cash from the...

Q:

Prepare a general journal entry for each transaction of the dog training business. Posting is automatically done by the software. December 9 Provides training services for $2,400 and rents training...

Q:

Prepare a general journal entry for each transaction of the dog training business. Posting is automatically done by the software. December 9 Provides training services for $2,400 and rents training...

Q:

December 9 Provides training services for $ 2 , 4 0 0 and rents training equipment for $ 6 0 0 . The customer i s billed $ 3 , 0 0 0 for these services. December 1 9 Receives $ 3 , 0 0 0 cash from...

Q:

December 9 Provides training services for $ 2 , 4 0 0 and rents training equipment 6 0 0 . The customer i s billed $ 3 , 0 0 0 for these services. December 1 9 Receives $ 3 , 0 0 0 cash from the...

Q:

December 9 Provides training services for $ 2 , 4 0 0 and rents training equipment for $ 6 0 0 . The customer i s billed $ 3 , 0 0 0 for these services. December 1 9 Receives $ 3 , 0 0 0 cash from...

Q:

i need the general journal entries A dog training business began on December 1 . The following transactions occurred during its first month. December 1 Receives $27,000 cash as an owner investant....

Q:

Prepare a general Journal entry for each transaction of the dog training business. Posting is automatically done by the software. December 9 Provides training services for $2,400 and rents training...

Q:

Prepare a general journal entry for each transaction of the dog training business. Postg is automat/cally done by the software. December 9 Provides training services for $2,400 and rents training...

Q:

Prepare a general journal entry for each transaction of the dog training business. Posting is automatically done by the software. December 9 Provides training services for $2,400 and rents training...

Q:

Two masses, M 1 and M 2 , are supported by wires of equal length when unstretched. The wire supporting M 1 is an aluminum wire 0.7 mm in diameter, and the one supporting M 2 is a steel wire 0.5 mm in...

Q:

What is spot speed and name a method that can be used to measure it?

Q:

Lulher industries has a dividend yield of 3 . 5 % and a cost of equily oapital of 1 0 % , Luther industries' dividends are axpected to grow At is constant rate indefinitaty The growth rate of...

Q:

a=2 b= 0 c= 2 d=0 e=0 f=9 g=3 5. Draw the Network diagram for the following project. Estimate the Earliest start time and Latest finish time for each activity. If every day it cost 200 rials for this...