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Following are transactions for Sama Services (a corporation): a. Shareholders invests $38,250 cash in the company b. The company provided $1,350 of services on credit.
Following are transactions for Sama Services (a corporation): a. Shareholders invests $38,250 cash in the company b. The company provided $1,350 of services on credit. c. The company provided services to a client and immediately received $1,575 cash. d. The company received $9,150 cash from a client in payment for services to be provided next year. e. The company received $4,500 cash from a client in partial payment of an account receivable. f. The company borrowed $150,000 cash from the bank by signing a promissory note. Examine the above transactions and identify those that create revenues. (Click each check box to clear the "?". Then, click the check box next to each answer that applies. Select all that apply.) 2 Transaction a. Transaction b. 2 Transaction c. 2 Transaction d. 2 Transaction e. 2 Transaction f. Prepare general journal entries to record those transactions that create revenues. (Omit the "S" sign in your response.) General Journal Debit Credit (Click to select) (Click to select) (Click to select) (Click to select) 11
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