Chart of AccountsCashDividendsAccounts ReceivableFees EarnedAllowance for Doubtful AcctSalesInterest RevenueCost of Goods SoldBank Service ChargeBad Debt ExpenseDepreciation ExpenseInsurance ExpenseRent ExpenseInterest ExpenseProduct Warranty ExpenseSupplies ExpenseUtility ExpenseWages ExpenseNotes ReceivableSuppliesInventoryPrepaid InsurancePrepaid RentOffice EquipmentAccumulated DepreciationAccounts PayableNotes PayableWages PayableInterest PayableUnearned FeesCommon StockGENERAL JOURNALPageDateDescriptionPostDebitCreditref1336.88.9.9.101011111212131314141515161617171818NM4 5122 45 67 Using the chart of accounts provided on page 2 of the Exam 2 formatdocument, journalize the following transactions for the month of June.Proper journal formatting is required. Not all accounts provided in the chartof accounts will be used.1 Billed clients for $50,000 for services provided2 Paid utilities of $500Received cash of $5,000 from clients onaccount.

(1) account receivables Dr. $50000 Fees earned Cr. $50000 ( being services fees earned) (2) Utility…

Using the chart of accounts provided on page 2 of the Exam 2 format document, journalize the following transactions for the month of June. Proper journal formatting is required. Not all accounts provided in the chart of accounts will be used. 1 Billed clients for $50,000 for services provided 2 Paid utilities of $500 Received cash of $5,000 from clients on account.

Using the chart of accounts provided on page 2 of the Exam 2 format document, journalize the following transactions for the month of June. Proper journal formatting is required. Not all accounts provided in the chart of accounts will be used. 1 Billed clients for $50,000 for services provided 2 Paid utilities of $500 Received cash of $5,000 from clients on account.

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter18: Acquiring Capital For Growth And Development

Section: Chapter Questions

Problem 2AP

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