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3 years ago

A. Performed $29,400 of services on account.

Business

1 answer:

IgorC [24]3 years ago

3 0

Answer:

S/n Account Titles Debit$ Credit$

a. Accounts receivable 29400

Service revenue 29400

b. Cash 17500

Accounts receivable 17500

c. Prepaid insurance 4400

Cash 4400

d. Accounts payable 570

Cash 570

e. Insurance expense 3700

Prepaid insurance 3700

f. Interest receivable 300

Interest revenue 300

g. Cash 9500

Unearned service revenue 9500

h. Land 1560

Cash 1560

i. Supplies 1800

Cash 1800

Asset Liabilities Equity Revenue Expense Net income S.Cash Flow

a. 29400 29400 29400 29400 NA

b. 17500 OA

-17500

c. 4400 OA

-4400

d. -570 -570 OA

e. -3700 -3700 3700 -3700 NA

f. 300 300 300 300 NA

g. 9500 9500 OA

h. 1560 IA

-1560

i. 1800 OA

-1800

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