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PilotLPTM [1.2K]
2 years ago
7

Brown Company provided services to a customer and immediately collected $1,900 cash. Show how to record the transaction to the T

-accounts by completing the following sentence. Service Revenue would be
Business
1 answer:
hjlf2 years ago
8 0

Answer:

credited; right; debited; left

Explanation:

The journal entry to record this transaction is shown below:

Cash A/c Dr $1,900

     To Service revenue A/c $1,900

(Being the cash is collected)

It to be displayed in T accounts

For cash account

                                                               Cash

Debit side

Service revenue                    $1,900

For service revenue account

                                                    Service revenue

                                                                                      Credit side

                                                                                     Cash    $1,900

So, the cash account would be debited and would be displayed on the left hand side while the service revenue would be credited and  would be displayed on the right hand side

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Answer:

social bookmarking sites

Explanation:

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They fetch the contents from other Web sites and encourage their users to share their preferences on what they like and see all over the Internet with their friends.

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2 years ago
Which of the following is not a benefit of communication?
mart [117]

Answer:

Could you add more details please

Explanation:

5 0
3 years ago
Read 2 more answers
In the context of a production process such as a manufacturing plant, what is the technique used to identify all of the value-ad
andre [41]

Answer: Value stream mapping

Explanation:

Value stream map is a visual representation of the steps that were taken in a process from the start of the process till the moment it gets to the customer.

The technique is used in the identificstion of all of the value-adding as well as non-value-adding processes that materials are subjected to within a plant, from raw material coming into the plant through delivery to the customer.

6 0
3 years ago
Moving from one point to another on a production possibilities frontier implies A. increasing the production of both goods. B. d
AleksAgata [21]

Answer:

C

Explanation:

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If all the available resources are being used, increasing the production of one of the goods means decreasing the production of the other good.

All points in or inside the frontier are attainable.

8 0
3 years ago
Sheridan company offers its customers a pottery cereal bowl if they send in 3 boxtops from Sheridan Frosted Flakes boxes and $1.
Evgesh-ka [11]

Answer:

$117,600

Explanation:

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6 0
3 years ago
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