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i just need to know what accounts it goes to and if it's a debit or credit May 2 Bought an ad in the AC
i just need to know what accounts it goes to and if it's a debit or credit
May 2 Bought an ad in the AC Badger Volleyball program for $500 cash. Recorded the ad as Miscellaneous Expense. - Paid Office Station Co. for part of the debt incurred on April 5, \$450. - Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $6,800. - Provided services on account for the period May 1-10, \$10,225. - Received cash from clients on account, $3,000. - Paid part-time receptionist for two weeks' salary including the amount owed on April 30, \$600. HINT: Look at the balance in Salaries Payable. You will 0 that out as that part of the May 12 payroll was accrued at the end of April. Salaries Expense will be the difference between $600 and the amount in Salaries Payable at April 30 / May 1. - Received cash from cash clients for fees earned during the period May 1-15, $10,465. - Kelly withdrew $12,225 for personal use. - Received cash from clients on account, $10,125 - Provided services on account for the period May 11-20, \$9,650 - Purchased supplies on account, $945. - Paid part-time receptionist for two weeks' salary, $600. - Paid telephone bill for May, \$126. - Paid electricity bill for May, $775. - Provided services on account for the period May 21-31, \$10, 050. - Received cash from clients on account, \$7, 900. - Received cash from cash clients for fees earned for the period May 1631,$10,225Step by Step Solution
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