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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 in
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: 2. Accounts Receivable had a balance of $1,440 at the beginning of the month and $1,080 at the end of the month. Credit sales totaled $14.400 during the month Calculate the cash collected from customers during the month, assuming that all sales were made on account Cash collected from customers b. The Supplies account had a balance of $648 at the beginning of the month and $876 at the end of the month. The cost of supplies used during the month was $2,808. Calculate the cost of supplies purchased during the month. Cost of supplies purchased c. Wages Payable had a balance of $492 at the beginning of the month. During the month, $4,560 of wages were paid to employees. Wages Expense accrued during the month totaled $4,920. 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 fleld.) View transaction list Journal entry worksheet 1 2 3 4 5 5 6 Record the credit sales. Note: Enter debits before credits Event General Joumal Debit Credit a1. Record entry Clear entry View general journal
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