Using the following revenue journal for Alpha Services Inc., identify each of the posting references, indicated by
Question:
Using the following revenue journal for Alpha Services Inc., identify each of the posting references, indicated by a letter, as representing (1) posting to general ledger accounts or (2) posting to subsidiary ledgeraccounts.
Transcribed Image Text:
REVENUE JOURNAL Post. Accounts Rec. Dr. Fees Earned Cr. Account Debited Invoice No. Date 2010 Nov. 1 Ref. Environmental Safety Co. Jenkins Co. Eco-Systems TEK Corp. 112 113 114 115 (a) (b) (c) (d) $2,625 1,050 1,600 965 10 18 27 30 $6,240 (e)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
a Posting to subsidiary ledger b ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Question Posted:
Students also viewed these Accounting questions
-
Using the following revenue journal for Omega Services Inc., identify each of the posting references, indicated by a letter, as representing (1) Posting to general ledger accounts (2) Posting to...
-
Using the following revenue journal for Delta Consulting Co., identify each of the posting references, indicated by a letter, as representing (1) Posting to general ledger accounts (2) Posting to...
-
Using the following revenue journal for Gamma Services Inc., identify each of the posting references, indicated by a letter, as representing (1) Posting to general ledger accounts or (2) Posting to...
-
ME-1" Ltd. acquired 80% equity shares of You-2nd Ltd. on 30/04/2020 for a cost of GHS60,000. At that time the general reserves were GHe6,000 respectively.
-
A custom-made product is produced by processing materially sequentially through four departments. To process material, department #1 requires .5 hours per unit, department #2 requires .6 hours per...
-
Express the following signals in terms of singularity functions. (a) (b) (c) (d) 9 v(r) = t <0 0, -10, 10, 0, t <1 1
-
Refer to your answers in E4-28A. In addition to the manufacturing overhead costs, the following data are budgeted for the companys Standard and Deluxe models for next year: Requirements: 1. Compute...
-
Disk City, Inc. is a retailer for digital video disks. The projected net income for the current year is $200,000 based on a sales volume of 200,000 video disks. Disk City has been selling the disks...
-
1. Define ADT (Abstract Data Type)? 2. Mention the features of ADT.? 3. Define List ADT? 4. What are the ways of implementing linked list? 5. What are the types of linked lists?
-
Jorge is a registered nurse at a facility that cares for about 80 elderly patients. Jorge has been at the facility longer than any of the other nurses and has his choice of schedule; he believes he...
-
Armor Security Services Inc. provides both commercial and residential security services on account. Two transactions are identified below.Dec. 1. Issued Invoice No. 862 to Matrix Inc. for security...
-
Based on the data presented in Exercise 5-1, assume that the beginning balances for the customer accounts were zero, except for TEK Corp., which had a $620 beginning balance. In addition, there were...
-
Richs Furnitures unadjusted Merchandise Inventory account at year-end is $ 63,000. The physical count of inventory came up with a total of $ 61,900. Journalize the adjusting entry needed to account...
-
What happens if environmental cost is not factored in the production/supply chain cost?
-
Yummy is a $1B food company with three business units: >> Pizza chain. Annual revenue: $300M >> Retail packaged meals. Annual revenue: $500M >> Soft drinks. Annual revenue: $200M Yummy acquired...
-
Given = 25 and == 4.8, what would be the x-value for the ninety-fifth percentile?
-
2. Consider this recurrence: T(n) Solution: = 4T(n/3)+2n when n > 1, when n = 1. (a) How many levels will the recurrence tree have? (b) What is the cost at the level below the root? (c) What is the...
-
Why compute variances? Why is this concept important? How would you go about setting up standard costs? What are some of the criticisms of standard costing? What is the purpose behind preparing a...
-
Use Eq. (2) to evaluate cosh 4 x dx. +"=1 / cosh"-2 x dx 71 [cosh" xdx==cosh" 1x sinh x +
-
Classify each of the following as direct costs or indirect costs of operating the Pediatrics ward for children at the Cleveland Clinic: a. Wi-Fi covering the entire hospital campus b. Net cost of...
-
State two methods for handling patterns in missingness.
-
The following is an excerpt from a conversation between Jon Akers and Deb Flack. Jon is debating whether to buy a stereo system from Old Town Audio, a locally owned electronics store, or Sound Pro,...
-
Your sister operates Budget Parts Company, an online boat parts distributorship that is in its third year of operation. The income statement is shown below and was recently prepared for the year...
-
Assume that you are planning to purchase a 52-inch I.CD, flat screen television. In groups of three or four, determine the lowest cost for the television, considering the available alternatives and...
-
Blair, CPA, uses the cash receipts and disbursements method of reporting. In Year 7, a client gave Blair 100 shares of a listed corporation's stock in full satisfaction of a $5,000 accounting fee the...
-
What is driving the increase in the price of healthcare services today? Explain why it is important to know the scope of business being reviewed when using financial statements. Explain the content...
-
What is a discount? How do you activate discounts? Activate discounts: Assign a discount account: 3. Discounts Given - What is the account type and detail type for this account?
Study smarter with the SolutionInn App