Question
Ann Wright, Paralegal, billed Client #7 re Small Claims Matter $600 (including HST) on invoice #007. a) What special journal(s) should Ann Wright use to
Ann Wright, Paralegal, billed Client #7 re Small Claims Matter $600 (including HST) on invoice #007.
a) What special journal(s) should Ann Wright use to record the transaction?Explain.
b )What ledger account(s) should be used to post from the journal entry (entries)?
Hint: provide the ledger account name, the chart of account code from the textbook, and whether it is DR or CR record entry
Step by Step Solution
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Step: 1
a Ann Wright should use the Cash Receipts Journal to record the transaction The ...
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Intermediate Accounting
Authors: David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
8th edition
978-1259997525, 1259997529, 978-1259548185
