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Directions: 1) Prepare journal entries for the below transactions 2) Post the journal entries to ledger accounts 3) Calculate the ending ledger balance Problem

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Directions: 1) Prepare journal entries for the below transactions 2) Post the journal entries to ledger accounts 3) Calculate the ending ledger balance Problem #30 May 2, Truly Delicious Catering, Inc. performed a catering job and billed the customer for $240,000 for the amount due on the job. Today is June 3, and Truly Delicious received the total amount due from the customer (Record JE for June 3 only). Date Accounts Debit Credit Problem #31 April 13, Taxes, Inc. completed a tax return for a customer, and billed the customer $1,200 for the completed tax return. Today is May 10, and Taxes, Inc. received the total amount due from the customer. Prepare the JE for May 10th only. Date Accounts Debit Credit

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