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I dont quite understand what exactly to put for any of these on the journal statement. Thank you for your help! Chapter 3 Homework Saved
I dont quite understand what exactly to put for any of these on the journal statement. Thank you for your help!
Chapter 3 Homework Saved 1 The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers. 1.4 points a. Bill's collected $21,600 from customers for services related to games played in July. b. Bill's billed a customer for $355 for a party held at the center on the last day of July. The bill is to be paid in August. c. The men's and women's bowling leagues gave Bill's advance payments totaling $1,750 for the fall season that starts in September. d. Bill's received $1,300 from credit sales made to customers last month (in June). eBook Prepare journal entries to record the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Print View transaction list View journal entry worksheet References References No Transaction General Journal Debit Credit 1 a. 21,600 Cash Sales Revenue 21,600 2 b. No Journal Entry Required 3 c. No Journal Entry Required 4 d No Journal Entry RequiredStep by Step Solution
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