Question
What Would be the Journal Entries (which accounts) would be Debited or Credited for each transcation? Thanks February 1 Rent on the storage facility for
What Would be the Journal Entries (which accounts) would be Debited or Credited for each transcation?
Thanks
February 1 Rent on the storage facility for the month is paid in the amount of............... 10,250 1 Salaries for the previous month are paid in the amount of................................ 20,500 6 A partial payment is made on account for supplies purchased earlier............ 15,264 9 The company pays for advertisements to be run during the current month in the amount of........................................................................................................ 1,614 10 Services are performed for cash in the amount of................................................ 35,732 18 Services are performed on account in the amount of.......................................... 18,081 20 Cash is received from credit customers for services performed in the previous month in the amount of........................................................................... 15,498 25 Services performed for the customer who paid in advance totaled............... 2,460 27 Gasoline for the lawn mowers for the current month is paid in cash in the amount of...................................................................................................................... 2,422 28 Dividends are paid in cash to stockholders' in the amount of........................... 4,100 Information for Monthly Adjusting Entries a. Supplies on hand at the end of each month are as follows:
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