Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Journal Entry for Week 1 Sales Report - Sales Time Period Weeks 1 & 2 Entry Number HBS 0 1 3 This journal entry must

Journal Entry for Week 1 Sales Report - Sales
Time Period Weeks 1 & 2
Entry Number
HBS013
This journal entry must have 4 accounts.Can you make a journal entry from this image for week 1 sales report this is what i have done so far : CASH : Debit (5,596.00) SALES REVENUE: (2,860.00) RENTAL REVENUE: (2,736.00) I GOT SALES AND RENTAL REVENUE RIGHT BUT they are saying that cash amount is wrong and that the entry needs 4 accounts not 3.
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting for Governmental and Nonprofit Entities

Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus

15th Edition

978-0256168723, 77388720, 256168725, 9780077388720, 978-007337960

More Books

Students also viewed these Accounting questions