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Sheridan Company collected $12960 in May of 2021 for 4 months of service which would take place from October of 2021 through January of 2022.
Sheridan Company collected $12960 in May of 2021 for 4 months of service which would take place from October of 2021 through January of 2022. The revenue reported from this transaction during 2021 would be:
$3240.
$12960.
$9720.
$0.
Which of the following journal entries is recorded correctly and in the basic format?
a
Salaries and Wages Expense | 570 | |
Cash | 1560 | |
Advertising Expense | 990 |
b
Cash | 1560 | |
Salaries and Wages Expense | 570 | |
Advertising Expense | 990 |
c
Salaries and Wages Expense | 570 | |
Advertising Expense | 990 | |
Cash | 1660 |
d
Salaries and Wages Expense | 570 | |
Advertising Expense | 990 | |
Cash | 1560 |
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