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3 years ago

Journalize the following five transactions for Nexium & Associates, Inc. Omit explanations.

Business

2 answers:

-BARSIC- [3]3 years ago

8 0

Answer:

Nexium & Associates Journal entries

March 1

Dr Accounts Receivable800

Cr Service Revenue 800

March 9

Dr Office Furniture1,060

Cr Office Supplies 160

Cr Accounts Payable1,220

March 15

Dr Accounts Payable1,220

Cr Cash1,220

March 23

Dr Electricity Expense430

Cr Accounts Payable430

March 31

Dr Salaries Expense850

Cr Cash850

Explanation:

The details given about Nexium & Associates are straight forward and required no further

adjustment.

marshall27 [118]3 years ago

8 0

Answer:

Explanation:

Journal to record the five transactions for Nexium and Associates, Inc.

Account Particulars Debit Credit

March 1

Accounts Receivable $800

Services Revenue $ 800

March 9

Office Furniture $1,060

Office Supplies 160

Accounts Payable 1,220

March 15.

Accounts Payable 1,220

Cash 1,220

March 23.

Electricity Expense $430

Accounts Payable $430

March 31

Salaries Expense $850

Cash $850

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