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please helplo a. Performed $20,800 of services on account. b. Collected $21,100 cash on accounts receivable, c. Paid $5,000 cash in advance for an insurance
please helplo
a. Performed $20,800 of services on account. b. Collected $21,100 cash on accounts receivable, c. Paid $5,000 cash in advance for an insurance policy. d. Paid $920 on accounts payable. e. Recorded the adjusting entry to recognize $3,600 of insurance expense. f. Received $10,800 cash for services to be performed at a later date. 9. Purchased land for $1.040 cash h. Purchased supplies for $1,200 cash. Required Record each of the above transactions in general Journal form and then show the effect of the transaction in a horizontal statements model. The first transaction is shown as an example: Transaction Account Titles Debit Credit Accounts receivable 20,800 Service revenue 20,800 Complete this question by entering your answers in the tabs below. General Horizontal Journal Statements Model Record each of the above transactions in general Journal form. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Journal entry worksheet Collected $21,100 cash on accounts receivable. Note: Enter debits before credits. Transaction General Journal Credit Debit 21,100 b Cash Accounts receivable 21,100 Record entry Clear entry View general journal Journal entry worksheet 2 2 3 4 5 6 7 Paid $5,000 cash in advance for an insurance policy. Note: Enter debits before credits. Transaction Debit Credit General Journal Cash Accounts receivable 5,000 5,000 Record entry Clear entry View general journal View transaction list Journal entry worksheet 1 2 3 4 5 6 7 > Paid $920 on accounts payable. Note: Enter debits before credits. General Journal Debit Credit Transaction d Record entry Clear entry View general journal Journal entry worksheet Step by Step Solution
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