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a. Performed $22,200 of services on account. b. Collected $21,200 cash on accounts receivable, c. Paid $4,800 cash in advance for an insurance policy d.
a. Performed $22,200 of services on account. b. Collected $21,200 cash on accounts receivable, c. Paid $4,800 cash in advance for an insurance policy d. Pald $950 on accounts payable. e. Recorded the adjusting entry to recognize $3,000 of insurance expense. f. Received $5,800 cash for services to be performed at a later date. g. Purchased land for $1,430 cash. h. Purchased supplies for $500 cash. Required Record each of the above transactions in general Journal form and then show the effect of the transaction in a horizontal statements model. The first transaction is shown as an example. Transaction 22,200 22,200 Debit Credit Accountitles Accounts receivable Service revenue Complete this question by entering your answers in the tabs below. General Horizontal Statements Journal Model Record each of the above transactions in general Journal form. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction lit Journal entry worksheet 1 3 2 5 6 General Horizontal Statements Journal Model Record each of the above transactions in general journal form. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Collected $21,200 cash on accounts receivable. Note: Enter debits before credits General Journal Debit Credit Transaction b Record entry Clear entry View general Journal Journal entry worksheet Journal entry worksheet 1 2 3 4 5 7 Purchased land for $1,430 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 9 Record entry Clear entry View general journa Journal entry worksheet
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