Question
On November 10, JumpStart Co. provides $2,130 in services to clients. At the time of service, the clients paid $650 in cash and put the
On November 10, JumpStart Co. provides $2,130 in services to clients. At the time of service, the clients paid $650 in cash and put the balance on account.
(a) Journalize this event. For a compound transaction, if an amount box does not require an entry, leave it blank or enter "0".
| Nov. 10 | |||
(b) On November 20, JumpStart Co. clients paid an additional $480 on their accounts due. Journalize this event.
| Nov. 20 | |||
(c) Calculate the accounts receivable balance on November 30. $
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Financial Accounting A Management Perspective
Authors: Nelson Macwan
1st Edition
6206142191, 978-6206142195
