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Daube Industries' operations for the month of October are summarized as follows: A. Provided $6,800 of services in October on account. B. Received $3,800 cash
Daube Industries' operations for the month of October are summarized as follows: A. Provided $6,800 of services in October on account. B. Received $3,800 cash from customers for services provided in October. C. Received $1,700 cash for services to be provided in November. D. Received $4,300 cash from customers on account for services provided in September. E. Paid September's warehouse rental bill on account in the amount of $1,200. F. Received October's warehouse rental bill of $1,300; set it aside to be paid at a later date. Required: a. Prepare journal entries to record the transactions identified among activities (A) through (F). b. Calculate the Net Income. Record the entry to provide $6,800 of services on account. Note: Enter debits before credits. Transactions General Journal Debit Credit A Record the entry to receive $3,800 cash for services provided in October. Note: Enter debits before credits, Transactions General Journal Debit Credit B 3........ Record the entry to receive $1,700 cash for services to be provided in November Note: Enter debits before credits. Transactions General Journal Debit Credit C Record the entry to receive $4,300 cash on account for service provided in September. Note: Enter debits before credits. Transactions General Journal Debit Credit D Record the entry to pay paid September's warehouse rental bill on account in the amount of $1,200. Note: Enter debits before credits. Transactions General Journal Debit Credit E BERBED Record the entry to receive October's rental bill of $1,300; set it aside. Note: Enter debits before credits. Transactions General Journal Debit Eredit F epare journal entries to record the transactions identified among activities (A) through (F). alculate the Net Income. omplete this question by entering your answers in the tabs below. equired A Required B alculate the Net Income. t Income
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