Question: Need help on the date Dec 08 Connect Homework [due Day 7] i Saved for these services. Dec. 9 FastForward receives $1, 900 cash from
Need help on the date Dec 08
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Connect Homework [due Day 7] i Saved for these services. Dec. 9 FastForward receives $1, 900 cash from the client billed on December 8. Dec. 10 FastForward pays CalTech Supply $906 cash as partial payment for its December 4 $7, 100 purchase of supplies. Dec. 11 Chas Taylor withdraws $200 cash from FastForward for personal use. Dec. 12 FastForward receives $3,000 cash in advance of providing consulting services to a customer. The company's policy record fees collected in advance in a balance sheet account. Dec. 13 FastForward pays $2,400 cash (insurance premium) for a 24-month insurance policy. Coverage begins on December 1. company's policy is to record all prepaid expenses in a balance sheet account. Dec. 14 FastForward pays $120 cash for supplies. Dec. 15 FastForward pays $305 cash for December utilities expense. Dec. 16 FastForward pays $700 cash in employee salary for work performed in the latter part of December. Requirement General General Income St Owners Journal Ledger Trial Balance Equity Balance Sheet Statement Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transactions FastForward Company, entering the debits before the credits. Each transaction will automatically be posted to the General L and the Trial Balance as soon as you click "Record Entry". View transaction list ces Journal entry worksheet D
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