Question
I NEED HELP MAKING A GENERAL JOURNAL FOR THIS 1. Record the receipt of $55,750 cash from customers for subscriptions that had already been earned
I NEED HELP MAKING A GENERAL JOURNAL FOR THIS
1. Record the receipt of $55,750 cash from customers for subscriptions that had already been earned in 2014.
2.Record the receipt of $240,000 cash from Electronic Arts, Inc. for service earned in the month of January.
3.Record the purchase of 10 new computer servers for $35,400; paid $14,300 as cash and signed a three year note for the remainder owed.
4.Record the payment of $11,000 for an Internet advertisement run on Yahoo! in January.
5.Record the sale of 11,200 monthly subscriptions at $11 each for services provided during January. Half was collected in cash and half was sold on account.
6.Record the receipt of an electric and gas utility bill for $5,570 for January utility services. The bill will be paid in February.
7.Record the payment of $340,000 in wages to employees for work done in January.
8.Record the purchase $3,600 of supplies on account.
9.Record the payment of $3,600 cash to the supplier in (h).
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