Question: mework Assignment ( i ) g . Paid $ 8 , 2 5 0 cash on accounts payable. h . Incurred $ 2 4 ,
mework Assignment i
g Paid $ cash on accounts payable.
h Incurred $ in utility expenses during the year, of which $ was paid in cash and the rest owed on acce
Required:
For each of the above transactions, prepare accrual basis journal entries.
Calculate the company's preliminary net income.
Complete this question by entering your answers in the tabs below.
For each of the above transactions, prepare accrual basis journal entries. If no entry is required for a transactionevent Journal Entry Required" in the first account field.
Journal entry worksheet
Received $ on account from a customer. Record the transaction.
Note: Enter debits before credits.
tableTransactionGeneral Journal,Debit,Credite
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