Question: Help Save & EX Saved est - 150 Class Latista Company had the following transactions during the month of September 1. Purchased supplies for $5,000
Help Save & EX Saved est - 150 Class Latista Company had the following transactions during the month of September 1. Purchased supplies for $5,000 cash. 2. Provided $12,000 of services, collecting $4,000 with the $8,000 balance collected later. 3. Paid $1,000 for salaries and wages for the month of September 4. Received $3,000 from customers for services that will be completed in October. 5. Pald $6,000 for rent for the following four months. 6. Received a bill for $275 for utilities used during the month of September. The bill will be paid in October 7. Received $2,500 for services provided in transaction 2. Prepare journal entries for the above September transactions View transaction list X Purchased supplies for $5,000 cast > 2. Provided $12,000 of services, collecting $4,000 with the $8,000 balance collected later. ice 3 Paid $1,000 for salaries and wages for the month of September 4 Received $3,000 from customers for services that will be completed in October. Credit 5 Paid $6,000 for the following four months rent. Received a bill for $275 for utilities used during the month of September. The bill will be paid in October Note: journal entry has been entered Record entry Clear entry View general Journal
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
