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LO 2.4) P.3. Beerbo provides you with the following journal entry information: 1 DR Accounts Receivable $$$ CR Service Revenue $$$ 2 DR Utilities
LO 2.4) P.3. Beerbo provides you with the following journal entry information: 1 DR Accounts Receivable $$$ CR Service Revenue $$$ 2 DR Utilities Expense $$$ CR Cash $$$ 3 DR Supplies $$$ CR Accounts Payable $$$ 4 DR Dividends $$$ CR Cash $$$ 5 DR Accounts Payable CR Cash $$$ $$$ 6 DR Cash $$$ CR Accounts Receivable $$$ 7 DR Cash $$$ CR Common Stock $$$ Match the explanations below to the journal entries above. (an example has been completed for you) Explanation Collected on account. Issued common stock for cash. Paid dividends to investors. Paid on account. Paid utilities. Performed services on account. Purchased supplies on account. Journal Entry 7
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