The following transactions for Habari Company occurred during January 2 0 1 7 : Jan 1 Purchased
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Question:
The following transactions for Habari Company occurred during January:
Jan Purchased a twoyear insurance policy for cash, $
Jan Paid utilities bill that was received in December $
Jan Performed a service on account, $
Jan Paid monthly salary to employees, $
Jan Received $ from a customer on account.
Jan Received $ from January transaction.
Jan Prepared the adjusting entry for insurance from January transaction.
Jan Accrued wages of $
Do not enter commas, spaces, decimals, or dollar signs in your answer. For example, if your answer is $ then enter it as
If your answer is negative, ie a net loss of $ then enter your answer in brackets withoutcommasspaces decimals, or dollar signs as:
What is the amount of income under the cash basis
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