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ent Brief Exercise 2-8 Selected transactions for the Brook Wang Company are presented in journal form below. Date Account Titles and Explanation May 5 Accounts
ent Brief Exercise 2-8 Selected transactions for the Brook Wang Company are presented in journal form below. Date Account Titles and Explanation May 5 Accounts Receivable Ref. Debit Credit 4,500 Service Revenue 4,500 (Biled for services performed) 12 Cash 1,700 Accounts Receivable 1,700 (Received cash in payment of account) 15 Cash 3,900 Service Revenue 3,900 (Received cash for services performed) Post the transactions using the standard form of account. (Post entries in the order presente Cash Date Explanation Ref. Debit Credit Balance 31 Accounts Receivable
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