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Received cash for services rendered to a client Account #1 Account Type Increase/Decrease Debit/Credit O Account #2 Account Type Increase/Decrease Debit/Credit Received cash on account from a customer. Account 41 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Paid cash for land. Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit 2 Record the following transactions as journal entries. Collected $6,000 cash for future services Date Accounts and Explanation Debit Credit Now, 3 Paid $8,000 cash for dividends. Date Accounts and Explanation Debit Credit Now.4 Paid $7,000 for a one year insurance policy Date Accounts and Explanation Debit Credit No. 5 pone Date Accounts and Explanation Debit Credit O Nov. Paid $8,000 for repairs to the company truck Date Accounts and Explanation Debit Credit Nov.5 Paid $5,000 for advertising in the local paper Date Accounts and Explanation Debit Credit Now 5 SUBMIT FOR GRADE You have 3 attempts remaining Privacy Policy Copyright 2021 Pearson Education