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If Sales of $2,250 on account Collected $1.000 for services to be performed in 2020, Paid $312.5 cash in salaries, Purchased airline tickets for $125
If Sales of $2,250 on account Collected $1.000 for services to be performed in 2020, Paid $312.5 cash in salaries, Purchased airline tickets for $125 in December for a trip to take place in 2020. What is Majan's 2019 net income using accrual accounting? Select one a $1,8125 b. $2.937-5 $1,9375 d $2,812.5 Majan Company sold Air conditions for $180.000 A total of 15 air conditions will be fixed during September October and November in September, 6 air conditions were fixed. The adjusting journal entry at September 30 Select one a Is not required No adjusting entries will be made until the end of the season in November b. Will include a debit to Unearned Service Revenue and a credit to Service Revenue for $36,000 o c Will include a debit to Cash and a credit to Service Revenue for $48,000 d. Will include a debit to Unearned Service Revenue and a credit to Service Revenue for $72.000
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