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On September 1, Jerry Co. sold $2,000 of services for cash. On September 10, Jerry Co. sold $5,000 of services on account. On September 20,
On September 1, Jerry Co. sold $2,000 of services for cash. On September 10, Jerry Co. sold $5,000 of services on account. On September 20, Jerry Co. collected $3,500 from accounts receivable. Calculate the ending balance in the Cash account for September assuming no beginning balance. Answer On September 1, Jerry Co. sold $2,000 of services for cash. On September 10, Jerry Co. sold $5,000 of services on account. On September 20, Jerry Co. collected $3,500 from accounts receivable. Calculate the ending balance in Accounts Receivable for September assuming no beginning balance. Answer On September 1, Jerry Co. sold $2,000 of services for cash. On September 10, Jerry Co. sold $5,000 of services on account. On September 20, Jerry Co. collected $3,500 from accounts receivable. Calculate the ending balance in Service Revenue for September assuming no beginning balance. Answer you understand adjusting journal entries? At the beginning of October, NC Inc. had a beginning balance in Supplies of $650. During the month, the company purchased $800 of supplies on account. At the end of the month, the company counted up the remaining supplies and determined there was $300 left. What amount should be debited to Supplies Expense at the end of October
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