On November 10, JumpStart Co. provides $2,900 in services to clients. At the time of service, the clients paid $600 in cash and put the balance on account.
(a) Journalize this event.

(b) On November 20, JumpStart Co. clients paid an additional $900 on their accounts due. Journalize this event.

(c) Calculate the accounts receivable balance on November 30.

Question

On November 10, JumpStart Co. provides $2,900 in services to clients. At the time of service, the clients paid $600 in cash and put the balance on account.
(a) Journalize this event.
​
(b) On November 20, JumpStart Co. clients paid an additional $900 on their accounts due. Journalize this event.
​
(c) Calculate the accounts receivable balance on November 30.

Quizplus · Accepted Answer

The Answer of On November 10, JumpStart Co. provides $2,900 in services to clients. At the time of service, the clients paid $600 in cash and put the balance on account.
(a) Journalize this event.
​
(b) On November 20, JumpStart Co. clients paid an additional $900 on their accounts due. Journalize this event.
​
(c) Calculate the accounts receivable balance on November 30.