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Three different problems Ex 5-6 Ex 5-7 Ex 5-14 Describe each transaction and identity the source o OBJ. 2 EX 5-6 Prepare journal entries in

Three different problems
Ex 5-6
Ex 5-7
Ex 5-14 image text in transcribed
image text in transcribed
image text in transcribed
Describe each transaction and identity the source o OBJ. 2 EX 5-6 Prepare journal entries in a revenue journal Horizon Consulting Company had the following transactions dur Oct. 2. Issued Invoice No. 321 t ulting Company had o Pryor Corp. for services rendered on account, $595. 3. Issued Invoice No. 322 to Armor Inc. for services rendered on account, $310. 14. Issued Invoice No. 323 to Pryor Corp. for services rendered on account, $205. 24. Issued Invoice No. 324 to Rose Co. fo r services rendered on account, $850 29. Collected Invoice No. 321 from Pryor Corp. a. Record the October revenue transactions for Horizon Consulting Company in the following revenue journal format: REVENUE JOURNAL Invoice No. Post. Ref. Accts. Rec. Dr. Fees Earned Cr. Account Debited b. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for October? c What is the October 31 balance of the Pryor Corp. customer account assuming a zero balance on October 1

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