Received cash from clients on account $2 450
WebbThe journal entry for cash received from clients on account would include a. Received cash from clients on account $2 450. What is the journal entry for cash received. Received cash from clients on account debit or credit. How to journalize received cash on account. Received cash from clients on account $9 520. Received cash from clients on ... WebbReceived cash payment on account written off example. For example, on November 30, the company ABC receives a $1,000 cash payment from one of its customers for the credit …
Received cash from clients on account $2 450
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Webb5 Which of the following would be on the credit side of the receivables ledger control account? (1) Cash received (2) Irrecoverable debts (3) Discounts allowed (4) Sales A 1, 2 and 3 only B 2 and 4 only C 1 and 4 only D 1, 2, 3 and 4 6 The following is a summary of the petty cash transactions for a week: Income $ Expenditure $ WebbI’m having to journalize these transactions into a chart of accounts May 3: Received cash from Clients as an advance payment for services to be provided and recorded it as unearned fees, $4,500 ...
WebbInvestors opened a dry cleaning service, called Junction Cleaners, by depositing $100,000 into a business bank account and receiving 50,000 shares of $2 par value stock in exchange. 3 Paid two years' rent in advance, $11,200. 6 Purchased dry cleaning equipment for $36,000. Paid $14,000 in cash, the remainder to be paid in two weeks. 10 WebbThe following transactions occurred during the month of June 2024. 2-Jun Owner contributed $12,000 cash and $18,000 equipment to the business. 8-Jun Purchased motor vehicle for $40,000, paid 20% cash deposit and took out a bank loan for the remaining balance. 13-Jun Received $4,000 cash for service to be provided in July 2024. 17-Jun …
Webb2. Accumulated Depreciation is a(n): a. expense account. b. stockholders’ equity account. c. liability account. d. contra asset account. 3. If a business has received cash in advance of services performed and credits a liability ac-count, the adjusting entry needed after the services are performed will be: a. WebbThe Basics 1. Accounting Equation
WebbCliff receives $5,200 cash from a customer for services rendered. Aug. 19: Cliff paid $2,000 toward the outstanding liability from the August 3 transaction. ... The customer from the August 10 transaction pays $1,500 cash toward Cliff’s account. Table 5.2. Transaction 1: On August 1, 2024, Cliff issues $70,000 shares of common stock for cash ...
WebbRecord the following transactions on Page 6 of the journal: Kelly Consulting POST-CLOSING TRIAL BALANCE April 30, 20Y5 Expert Answer Journal ?a?, 3 Cash $4,500 Unearned Fees $4,500 ?ay, 5 Cash $2,450 Accounts Receivable $2,45 View the full answer Students also viewed these accounting questions ncp100 タイヤサイズWebbTreasuryDirect - Home ncp105 タイヤサイズWebbThe new accounting equation would show: Assets $89,300 (Cash $68,000 + Accounts Receivable $5,000 + Supplies $500 + Prepaid Rent $1,800 + Equipment $5,500 + Truck … ncp100 ラクティス 諸元表Webb29 juli 2024 · People who receive checks should deposit or cash them within 90 days, as indicated on the check. Recipients who have questions about their checks can call the refund administrator, JND Legal Administration, at 1-833-916-3597. The FTC never requires people to pay money or provide account information to cash a refund check. ncp100 ラクティス タイヤサイズWebbArticle I, Section 9 of the Constitution provides that "a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time," which is further specified by Section 331 of Title 31 of the U.S. Code. The sums of money reported in the "Statements" are currently expressed in U.S. dollars, thus the U.S. dollar … ncp110 イストWebbA company received $400 cash from a customer who had previously purchased services on account. Prepare the general journal entry to record this transaction. A company … ncp105 ラクティスWebbUse the following chart of accounts: Jan. 1 Bernick invested cash in the business, 12,000. 2 Paid office rent, 750. 3 Purchased office equipment on account, 1,300. 5 Received cash for services rendered, 950. 8 Paid phone bill, 85. 10 Paid for a magazine subscription (miscellaneous expense), 20. 11 Purchased office supplies on account, 250. 15 Made a … ncp100 バッテリー