{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T13:14:01-04:00", "answer_date": "2024-05-26 13:14:01", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1741934", "url": "\/study-help\/questions\/in-january-tongo-incorporated-a-branding-consultant-had-the-following-1741934", "question_creation_date_js": "2024-05-26T13:14:01-04:00", "question_creation_date": "May 26, 2024 01:14 PM", "meta_title": "[Solved] In January, Tongo, Incorporated, a brandi | SolutionInn", "meta_description": "Answer of - In January, Tongo, Incorporated, a branding consultant, had the following transactions. a. Received $15,000 cash for c | SolutionInn", "meta_keywords": "january,tongo,incorporated,branding,consultant,transactions,received,$15,000,cash,consulting,services,rendered", "question_title_h1": " In January, Tongo, Incorporated, a branding consultant, had the following transactions. a. Received $15,000 cash for consulting services rendered in January. b. Issued common", "question_title": " In January, Tongo, Incorporated, a branding consultant, had the following transactions.", "question_title_for_js_snippet": "In January, Tongo, Incorporated, a branding consultant, had the following transactions a Received $15,000 cash for consulting services rendered in January b Issued common stock to investors for $12,000 cash c Purchased $16,000 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years d Received $8,300 cash for consulting services to be performed in February e Bought and received $1,230 of supplies on account f Received utility bill for January for $1,500, due February 15 g Consulted for customers in January for fees totaling $23,300, due in February h Received $17,700 cash for consulting services rendered in December 1 Paid $615 toward supplies purchased in (e) Required Prepare the journal entry for each of the above transactions (If no entry is required for a transaction event, s Required in the first account field ) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 Received $15,000 cash for consulting services rendered in January Record the transaction Note Enter debits before credits Transaction a General Journal Debit Credit Record entry Clear entry View general journal", "question_description": "\"image", "transcribed_text": "In January, Tongo, Incorporated, a branding consultant, had the following transactions. a. Received $15,000 cash for consulting services rendered in January. b. Issued common stock to investors for $12,000 cash. c. Purchased $16,000 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $8,300 cash for consulting services to be performed in February e. Bought and received $1,230 of supplies on account. f. Received utility bill for January for $1,500, due February 15. g. Consulted for customers in January for fees totaling $23,300, due in February h. Received $17,700 cash for consulting services rendered in December 1. Paid $615 toward supplies purchased in (e). Required: Prepare the journal entry for each of the above transactions. (If no entry is required for a transaction\/event, s Required\" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 Received $15,000 cash for consulting services rendered in January. Record the transaction. Note: Enter debits before credits Transaction a General Journal Debit Credit Record entry Clear entry View general journal", "related_book": { "title": "Accounting for Governmental and Nonprofit Entities", "isbn": "78110939, 978-0078110931", "edition": "16th Edition", "authors": "Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/273.jpg", "uri": "\/textbooks\/accounting-for-governmental-and-nonprofit-entities-16th-edition-273", "see_more_uri": "" }, "free_related_book": { "isbn": "0470447125", "uri": "\/textbooks\/staging-to-sell-the-secret-to-selling-homes-in-a-down-market-1st-edition-978-0470447123-113954", "name": "Staging To Sell The Secret To Selling Homes In A Down Market", "edition": "1st Edition" }, "question_posted": "2024-05-26 13:14:01", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/the-membrane-filter-technique-is-used-to-test-a-polluted-395473", "description": "The membrane filter technique is used to test a polluted water sample for coliform group. 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