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Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 26ISBN: 978-1285743615Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 26ISBN: 978-1285743615 Exercise 15
Prepare journal entries in a revenue journal
Global Services Company had the following transactions during the month of August:
a. Record the August revenue transactions for Global Services Company into the following revenue journal format:
b. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for August
c. What is the August 31 balance of the Morgan Corp. customer account assuming a zero balance on August 1
Global Services Company had the following transactions during the month of August:
a. Record the August revenue transactions for Global Services Company into the following revenue journal format:
b. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for August
c. What is the August 31 balance of the Morgan Corp. customer account assuming a zero balance on August 1
Explanation
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a. To record the transactions into the r...
Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
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