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P2-34A (alt 3) Data Table The following amounts summarize the financial position of Haas Consulting, Inc. on May 31, 2020 (Click the icon to view
P2-34A (alt 3) Data Table The following amounts summarize the financial position of Haas Consulting, Inc. on May 31, 2020 (Click the icon to view the May 31, 2020, financial position.) (Click the icon to view the transactions.) Requirements a. C. Requirement 1. Journalize the transactions of Haas Consulting, Inc. (Record debits first, then credits. Explanations are not re Begin by preparing the journal entry for transaction (a). The business received cash of $9,400 and issued common shares. During June 2020, the business completed these transactions. Received cash of $9,400 and issued common shares. b. Performed services for a client and received cash of $6,300. Paid $4,500 on accounts payable. d. Purchased supplies on account, $600. Collected cash from a customer on account, $500. f. Consulted on the design of a business report, and billed the client for services rendered, $2,900. g. Recorded the following business expenses for the month: paid office rent, $1,400; paid advertising, $500 h. Declared and paid a cash dividend of $2,100. e. Journal Entry Accounts Debit Credit (a) Print Done K Data Ta Assets Liabilities Shareholders' Equity Accounts Accounts Common Retained Cash Receivable Supplies Land Payable Shares Earnings 3,550 Bal. 1,300 1,450 11,800 7,500 3,500 Choose from any list or enter any number in the input fields and then click Check Answer. Print Done
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