Question
In: Accounting
Exercise B: Show G/L Postings for the following transactions 1. Cash was received for services performed...
Exercise B: Show G/L Postings for the following transactions
1. Cash was received for services performed for customers, $1,200.
2. Services were performed for customers on credit, $4,200.
Solutions
Expert Solution
| Cash | |||
| Service revenue | 1,200 | ||
| Accounts Receivable | |||
| Service revenue | 4,200 | ||
| Service Revenue | |||
| Cash | 1,200 | ||
| Accounts receivable | 4,200 | ||
ekkarill92 answered 3 years agoRelated Solutions
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Activities
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inventory system.
Date
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(At Cost)
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225 units @ $45/unit
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