Question: please answer quickly I only have 40 minutes Kuna Co sells goods and performs services for various customers on credit. On June 1, 2021 Accounts

Kuna Co sells goods and performs services for various customers on credit. On June 1, 2021 "Accounts Receivable" had a debit balance of $200. During the month of June the following transactions occurred. Date 1/6 7/6 Transaction description Sold goods to customer Beta for $500. Credit terms 1/10, n/30. Performed services for customer Alpha and billed the customer $100. Customer Beta returned goods with a sales price of $150. Received a partial payment of $50 from customer Alpha. Received payment from customer Beta for the balance due. 10/6 14/6 21/6 Required: (a) Prepare the journal entries for the above transactions (Ignore COGS) (20 pts) (b) What is the balance of Accounts Receivable on June 30 (5 pts) SOLUTION (a) DATE ACCOUNT TITLES DEBIT CREDIT June 1 . . DATE ACCOUNT TITLES DEBIT CREDIT June 7 4 S DATE ACCOUNT TITLES DEBIT CREDIT June 10 $ DATE ACCOUNT TITLES DEBIT CREDIT June 14 DATE ACCOUNT TITLES DEBIT CREDIT June 21 S (b) The balance of Accounts Receivable on June 30 is: $
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