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For each of the following situation, solve for a missing amount. In each case, there is only one debit entry and one credit entry
For each of the following situation, solve for a missing amount. In each case, there is only one debit entry and one credit entry in the account during the month. Requirement 1: a. Accounts Receivable had a balance of $1,080 at the beginning of the month and $810 at the end of the month. Credit sales totaled $10,800 during the month Calculate the cash collected from customers during the month, assuming that all sales were made on account. Cush collected from customers b. The Supplies account had a balance of $486 at the beginning of the month and $657 at the end of the month. The cost of supplies used during the month was $2.106. Calculate the cost of supplies purchased during the month Cost of supples purchased c. Wages Payable had a balance of $369 at the beginning of the month. During the month, $3,420 of wages were paid to employees Wages Expense accrued during the month totaled $3,690. Calculate the balance of Wages Payable at the end of the month Wages payable Requirement 2: Prepare the journal entries for the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" In the first account field.) View transaction list
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