Provide services of 7000 on account
WebbDescribe how the received cash for services performed affects the three elements of the accounting equation. A company purchased a $27,000 delivery truck by paying $5,000 down and securing a loan... WebbFactory payroll costs other than direct labor are accumulated in a Payroll Department account and are assigned to producing departments on the basis of number of employees. The total payroll in each department was: A, $300,000; B, $275,000 ... The Janitorial Department provides cleaning services to all departments of a large store.
Provide services of 7000 on account
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WebbDuring 2024, the company provides services of $410,000 on account. Of this amount, $60,000 remains uncollected at the end of the year. An aging schedule as ofDecember … WebbMay 1 Maisie invested $7,000 cash in the business. 2 Paid $900 for offi ce rent for the month. 3 Purchased $800 of supplies on account. 5 Paid $125 to advertise in the County …
WebbABC is a company that provides consulting services to customers. The company has provided a customer of $ 6,000 on credit. Please prepare journal entry about providing … Webb- Managed a nail art instagram account (@nailartbyronnie) after gaining an interest in painting nails for about two years - Expanded to a max of …
WebbAccounting questions and answers Earned $7,000 of services on account. Date Accounts and Explanation Debit Credit Nov. 3 Received $5,000 on account from a customer. Date … WebbAn experienced sales representative and account manager that has created, monitored and successfully led a digital advertising campaign …
Webb1 jan. 2024 · 1. Set up the necessary T-accounts and enter the beginning balances from the trial balance. In addition to the accounts shown, the company has accounts for Supplies, …
Webb1 jan. 2024 · February 15 Issue additional shares of common stock, $27,000. 2. May 20 Provide services to customers for cash, $42,000, and on account, $37,000. 3. August 31 Pay salaries to employees for work in 2024, $30,000. 4. October 1 Purchase rental space for one year, $19,000. 5. November 17 Purchase supplies on account, $29,000. 6. is the pink ribbon just for breast cancerWebb13 okt. 2024 · Pay $7,000 in salaries to employees for work performed during the month. 1. Analyze each transaction. 2. Record the transaction. 3. Post the transaction to T-accounts. Assume the opening balance in each of the accounts is zero. Advertisement Zviko Answer: 1. Assets = $30,000 (increase) and Revenue = $30,000 (increase) is the pink panther a lionWebbOrder supplies, keep inventory, make service calls and work with the technicians on correcting issues with the presses. Train and give … is the pink slip the titleWebb1 jan. 2024 · Chapter 3, Problem Set A #9. The general ledger of Zips Storage at January 1, 2024, includes the following account balances: The following is a summary of the transactions for the year:1. January 9 Provide storage services for cash, $134,100, and on account, $52,200.2. February 12 Collect on accounts receivable, $51,500.3. is the pink panther a girlWebbDecember 1-31 Throughout the month, Thunder Cat provides services to customers for cash, $27,400. (Hint: Record the entire month’s services in a single entry.) December 4 Purchase pet supplies on account, $2,900. December 8 Pay for fliers to be distributed to local residences to advertise the company’s services, $3,200. December 9 Pay for … iherb secret key tonerWebbGlasser Corp. provided $20,000 of services on account. The account that should be credited is accounts payable. accounts receivable. service revenue. cash. service … is the pink stuff naturalWebbTransaction #2: On December 5, Gray Electronic Repair Services paid registration and licensing fees for the business, $370. First, we will debit the expense (to increase an … is the pink stuff safe