Prepare a general Journal entry for each transaction of the dog training business. Posting is automatically...
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Prepare a general Journal entry for each transaction of the dog training business. Posting is automatically done by the software. December 9 Provides training services for $2,400 and rents training equipment for $600. The customer is billed $3,000 for these services. Receives $3,000 cash from the customer billed on Dec. 9. Purchases $2,000 of supplies on credit from a supplier. December 19 December 20 December 23 Receives $1,600 cash in advance of providing a 4-week training service to a customer. December 29 Pays $1,300 cash as a partial payment toward the accounts payable of Dec. 20. December 30 withdrawal of $500 cash by the owner for personal use. View transaction list Journal entry worksheet < 1 2 3 Receives $3,000 cash from the customer billed on Dec. 9. Note: Enter debits before credits. Date December 19 4 5 6 Record entry General Journal Clear entry Debit Credit View general journal Prepare a general Journal entry for each transaction of the dog training business. Posting is automatically done by the software. December 9 Provides training services for $2,400 and rents training equipment for $600. The customer is billed $3,000 for these services. Receives $3,000 cash from the customer billed on Dec. 9. Purchases $2,000 of supplies on credit from a supplier. December 19 December 20 December 23 Receives $1,600 cash in advance of providing a 4-week training service to a customer. December 29 Pays $1,300 cash as a partial payment toward the accounts payable of Dec. 20. December 30 withdrawal of $500 cash by the owner for personal use. View transaction list Journal entry worksheet < 1 2 3 Receives $3,000 cash from the customer billed on Dec. 9. Note: Enter debits before credits. Date December 19 4 5 6 Record entry General Journal Clear entry Debit Credit View general journal
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SOLUTION December 9 Training Revenue Accounts Receivable 2400 Rental Revenue Accounts Receiva... View the full answer
Related Book For
South-Western Federal Taxation 2020 Comprehensive
ISBN: 9780357109144
43rd Edition
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
Posted Date:
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