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Selected transactions from the journal of June Feldman, investment broker, are presented below. Ref. Debit Credit Date Aug. 1 Account Titles and Explanation Cash 7,000
Selected transactions from the journal of June Feldman, investment broker, are presented below. Ref. Debit Credit Date Aug. 1 Account Titles and Explanation Cash 7,000 7,000 10 3,640 3,640 12 7,000 Owner's Capital (Owner's investment of cash in business) Cash Service Revenue (Received cash for services performed) Equipment Cash Notes Payable (Purchased equipment for cash and notes payable) Accounts Receivable Service Revenue (Billed clients for services performed) Cash 3,220 3,780 25 2.380 2,380 31 1,260 Accounts Receivable 1,260 (Receipt of cash on account) Cash Aug. 1 7000 Aug. 12 3780 Aug. 10 3640 Aug. 31 1260 Aug. 31 Bal. 11900 Accounts Receivable Aug. 25 2380 Aug. 31 1260 Aug. 31 Aug. 31 1120 Equipment Aug. 12 3220 Aug. 12 3780 Notes Payable V Aug. 12 Aug. 12 Owner's Capital Aug. 1 Aug. 1 Service Revenue Aug. 10 3640 Bal. 11900 Accounts Receivable Aug. 25 2380 Aug. 31 1260 Aug. 31 Aug. 31 1120 Equipment Aug. 12 3220 Aug. 12 3780 Notes Payable Aug. 12 Aug. 12 Owner's Capital Aug. 1 Aug. 1 Service Revenue Aug. 10 3640 Aug. 25 2380 6020 e Textbook and Media
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