Business

7 July, 05:39

Date Account Title Debit Credit

Aug. 1 Cash 8,100

Common Stock 8,100

10 Cash 1,100

Service Revenue 1,100

12 Equipment 5,750

Cash 1,210

Notes Payable 4,540

25 Accounts Receivable 3,320

Service Revenue 3,320

31 Cash 670

Accounts Receivable 670

Post the transactions to T-accounts.

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Date Account Title Debit Credit Aug. 1 Cash 8,100 Common Stock 8,100 10 Cash 1,100 Service Revenue 1,100 12 Equipment 5,750 Cash 1,210 ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

You have been pricing an MP3 player in several stores. Three stores have the identical price of $700. Each store charges 12 percent APR, has a 30-day grace period, and sends out bills on the first of the month.

Are any of the following NOT a good reason for managers to be well grounded in basic research? A. Do research for themselves. B. Make competent decisions on whether to make or 'buy' research from researchers outside the firm. C.

Askew Company uses a periodic inventory system. The June 30, 2018, year-end trial balance for the company contained the following information: Account Debit Credit Merchandise inventory, 7/1/17 32,800 Sales 388,000 Sales returns 12,800 Purchases

Sandra is in the 28% tax bracket and purchased a corporate bond at par with a 12% coupon rate. What is the equivalent yield for a municipal bond?

A company is benchmarking against a competitor. The company currently has an average PIIS of 87% on 531 SKUs. The competitor manages 687 SKUs and, on average, has 653 in stock. The company wants to elevate it's PIIS to match the competitor. So ... a.

New Questions in Business

Name and describe the four basic types of fees and cost a franchise owner must pay

What is the difference between capital gain and capital loss?

g The Council of Economic Advisors to the President of a country reported gross investment expenditure at $400,000 during a particular year.

What are the order of in which management can take legal action against a employee

What best describes an entrepreneur? a. Someone who initiates and assumes the financial risk of a new business enterprise. b. A person who knows how to evaluate which stocks to purchase. c. Someone who can expertly manage other people's investments.