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Weygandt, Financial and Managerlal, 3e Help System Announcements Brief Exercise 2-07 Selected transactions for the Skysong, Inc. are presented in Journal form below. J1 Credit

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Weygandt, Financial and Managerlal, 3e Help System Announcements Brief Exercise 2-07 Selected transactions for the Skysong, Inc. are presented in Journal form below. J1 Credit Date May 5 Ref. Debit 5,450 5,450 12 1,800 Account Titles and Explanation Accounts Receivable Service Revenue (Billed for services performed) Cash Accounts Receivable (Received cash in payment of account) Cash Service Revenue (Received cash for services performed) 1,800 15 3,210 3,210 Post the transactions to T-accounts. Make one T-account for each item and determine each account's e Cash 5/12 - 1800

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