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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 #16 May 2, Truly Delicious Catering, Inc. performed a catering job for a customer. Truly Delicious billed the customer $240,000 for the job. Date Accounts Debit Credit Accounts Receivable Catering Revenue Problem #17 April 13, Taxes, Inc. completed a tax return for a customer, and billed the customer $1,200 for the completed tax return. Date Accounts Debit Credit

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