Question: please place the proper dollar amount in the approriate space and arrow up or down to indicate the effect on the financial statement. thank you

please place the proper dollar amount in the approriate space and arrow up or down to indicate the effect on the financial statement. thank you
please place the proper dollar amount in the approriate space and arrow
up or down to indicate the effect on the financial statement. thank

1. Donna paid $160 as a deposit Alex for consulting services that Alex would not perform until next month. The value of all work covered by the contract is $220. Show the accounting for Donna 2. At the time Alex received the $160 payment, show the accounting for Alex related to the previous item. 3. Alex performed all of the work as required in the next month. Show the accounting for Donna as a result of Alex having performed the services for Donna Donna and Alex agreed that the remaining amount owed to Alex would be paid within three weeks. 4. Show the accounting for Alex as a result of having performed all of the work required under the contract U However, if you know the accounting titles you will find much of the subsequent weeks easier to follow. OE Gain Exp Loss income

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