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Selected transactions for the Nikolai Company are presented in journal form below. Selected transactions for the Nikolai Company are presented in journal form below. Date

Selected transactions for the Nikolai Company are presented in journal form below.

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Selected transactions for the Nikolai Company are presented in journal form below. Date Account Titles and Explanation Ref. Debit Credit May 5 Accounts Receivable 5,030 Service Revenue 5,030 (Billed for services performed) 12 Cash 1,970 Accounts Receivable 1,970 Received cash in payment of account) 15 cash 3,470 3,470 Service Revenue (Received cash for services performed)

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