Question
Daube Industries operations for the month of October are summarized below: Provided $5,200 of services on account. He received $3,100 in cash for services rendered
Daube Industries operations for the month of October are summarized below:
- Provided $5,200 of services on account.
- He received $3,100 in cash for services rendered in October.
- He received $1,500 in cash for services to be performed in November.
- Received $4,600 cash on account for service rendered in September.
- He paid the warehouse rental bill for September in the amount of $1,100 on account.
- Received October rent bill of $1,200; Put it aside.
Required:
Prepare journal entries to record the transactions identified among activities (A) through (F).
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
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