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Zieborg Maintenance Corp. has a $570 monthly contract with Crispy Treat Inc. for general maintenance services. Zieborg invoices Crispy on the first of the month

Zieborg Maintenance Corp. has a $570 monthly contract with Crispy Treat Inc. for general maintenance services. Zieborg invoices Crispy on the first of the month for services that it performed in the previous month. Crispy must then pay for these services by the 10th of the following month. Zieborg has a November 30 year end and prepares adjusting entries monthly.

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Prepare Zieborgs adjusting entry on November 30. (Credit account titles are automatically intended when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date

Account Titles and Explanation

Debit

Credit

Nov. 30

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Given your entry above, record journal entry required on December 1 when it invoices Crispy for services performed in November. (Credit account titles are automatically intended when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date

Account Titles and Explanation

Debit

Credit

Dec. 1

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Zieborg receives $570 from Crispy on January 10 for services performed in November. Prepare Zieborgs journal entry. (Credit account titles are automatically intended when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date

Account Titles and Explanation

Debit

Credit

Jan. 10

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