Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The April 22 RECEIVED A TELEPHONE BILL FOR 700, due next month. Why you didnt include it in Journal entry and the April 20 RECEIVED

The April 22 RECEIVED A TELEPHONE BILL FOR 700, due next month. Why you didnt include it in Journal entry and the April 20 RECEIVED 16,200 IN CASH FROM THE CUSTOMER BILLED ON APRIL 13. I think we should not include it on TRIAL Balamce since she receive it.

Am i Right or wrong? can you explain it thankyou

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Theory

Authors: William R. Scott

3rd Edition

0130655775, 9780130655776

More Books

Students also viewed these Accounting questions