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a. Performed $27,100 of services on account. b. Collected $18,600 cash on accounts receivable. c. Paid $4,400 cash in advance for an insurance policy. d.
a. Performed $27,100 of services on account. b. Collected $18,600 cash on accounts receivable. c. Paid $4,400 cash in advance for an insurance policy. d. Paid $1,050 on accounts payable. e. Recorded the adjusting entry to recognize $3,600 of insurance expense. f. Received $7,200 cash for services to be performed at a later date. g. Purchased land for $1,300 cash. h. Purchased supplies for $1,100 cash. Required Record each of the preceding 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. Complete this question by entering your answers in the tabs below. Record each of the preceding transactions in general journal form. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Purchased supplies for $1,100 cash. Received $7,200 cash for services to be performed at a later date. Note: Enter debits before credits. Note: Enter debits before credits. Purchased land for $1,300 cash. Note: Enter debits before credits
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