Question: the service fee expense title is wrong while everything else is right. equired information exercise 2-13A Correct recorded transactions (LO2-4) The following information applies to

equired information exercise 2-13A Correct recorded transactions (LO2-4) The following information applies to the questions displayed below.) elow are several transactions for Crimson Tide Corporation. A junior accountant, recently employed by the company. oposes to record the following transactions. Credit External Transaction Pay cash dividends of $690 to stockholders. Accounts Cash Dividends Debit 690 698 2,300 Provide services on account for customers, $2,300. Cash Service Revenue 2,300 390 Pay a $398 utilities bill for the current period. Utilities Expense Cash 390 290 Cash Service Revenue 290 Receive cash of $290 from previously billed customers. 1, e9e Supplies Expense Cash 1, e9e Pay for supplies previously purchased on account, $1,090. se 2.13A Part 2 Required information Journal en Y WOIKSITEEL 1 2 3 4 5 Provide services on account for customers, $2,300. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Service Fee Expense 2,300 Service Revenue 2,300 View general journal Record entry Clear entry 14 Next >
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