On July 2, 2023, Efficient Energy Services performed an energy audit for an industrial client and earned
Question:
On July 2, 2023, Efficient Energy Services performed an energy audit for an industrial client and earned $4,000 of revenue on account. On July 14, 2023, the company received a cheque for the entire amount.
Required
1. Journalize the two transactions on the sixth page of the journal. Include an explanation for each transaction.
2. Create the Accounts Receivable three-column ledger and post the two transactions. The account number for Accounts Receivable is 12001.
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Journal Entries July 2 2023 Accounts Receivable 4000 Revenue 4000 Explanation This transact...View the full answer
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Related Book For 
Horngrens Accounting Volume 1
ISBN: 9780135359709
11th Canadian Edition
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol Meissner, JoAnn Johnston, Peter Norwood
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