Question: For each transaction below, calculate the amount of revenue to be recognized in the current period using accrual basis accounting a. Performed $28.000 of services



For each transaction below, calculate the amount of revenue to be recognized in the current period using accrual basis accounting a. Performed $28.000 of services during the month and received full cash payment from customers at the time of service Revenue to be recognized b. Performed $8.500 of services during the month and billed customers. Customers are expected to pay next month Revenue to be record c. Received $13.000 cash from customers for services to be provided next month. Recognized A company had the following transactions 1. Paid $150 for office supplies using a debit card 2 Purchased office equipment costing $730 using a credit card, 3. Paid utilities bill of $410 by issuing a check Record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 > Record $150 purchase of office supplies using a debit card Note: Enter debits before credits General Journal Debit Credit Transaction 1 Journal entry worksheet 1 2. 3 Record purchase of office equipment costing $730 using a credit card. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 1 2 3 Record payment of $410 utilities bill by issuing a check. Note: Enter debits before credits. General Journal Transaction 3 Debit Credit Record entry Clear entry View general journal
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