Journalize billed customers for fees earned
Nettet1. Billed customers for fees earned, $54,100. 2. Purchased supplies on account, $1,250. 3. Received cash from customers on account, $43,800. 4. Paid creditors on account, … Nettet21. jul. 2024 · A. Billed customers for fees earned, $112,700. b. Purchased supplies on account, $4,500. c. Received cash from customers on account, $88,220. d. Paid …
Journalize billed customers for fees earned
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Nettet7. feb. 2024 · 1. Billed customers for fees earned, $73,900. 2. Purchased supplies on account, $1,960. 3. Received cash from customers on account, $62,770. 4. Paid creditors on account, $820. a. Journalize these transactions in a two-column journal, using the appropriate number to identify the transactions. Journal entry explanations may be … Nettet10. Received cash from customers on account, $4,100. 15. Paid creditor on account, $1,200. 27. Paid cash for repairs to office equipment, $500. 30. Paid telephone bill for the month, $180. 31. Fees earned and billed to customers for the month, $26,800. 31. Paid electricity bill for the month, $315. 31. Withdrew cash for personal use, $2,000.
Nettet12. des. 2024 · 31 Fees earned and billed to customers for the month, $37,200. 31 Paid electricity bill for the month, $830. 31 Paid dividends, $2,000. Journalize the preceding selected transactions for March 2024 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles. Advertisement andromache Answer: … Nettet1. apr. 2024 · A. An investor invests an additional $25,000 into a company receiving stock in exchange. B. Services are performed for customers for a total of $4,500. Sixty percent was paid in cash, and the remaining customers asked to be billed. C. An electric bill was received for $35. Payment is due in thirty days. D. Part-time workers earned $750 and …
NettetAt the end of the current year, $4,580 fees have been earned but have not been billed to clients. Journalize the adjusting entry to record the accrued fees. At the end of the current year, $17,760 of fees have been earned but have not been billed to clients. Journalize the adjusting entry to record the accrued fees. Nettet8. mar. 2024 · It contains the fee revenue earned during a reporting period. The amount reported as fees earned would be the amount of cash received from customers during the reporting period, if the reporting entity is operating under the cash basis of accounting.
NettetBilled customers for fees earned, $73,900 2. Purchased supplies on account, $820 3. Received cash from customers on account, $62,770 4. Paid creditors on account, $820 a) Journalize these transactions in a two-column journal, using the appropriate number to identify the transactions. ... Journalize entries for transactions (a) ...
Nettet18. aug. 2014 · Journal entry for fees earned Prepare a journal entry on September 6 for fees earned on account, $8,000. Prepare a journal entry on May 29 for cash received for services rendered, $5,000. Journal entry for dividends Prepare a journal entry on December 22 for the payment of dividends of $10,000. bosch trimmer line replacementNettetLet’s take a look at an example business transaction that we can show the journalizing process. Assume Pizza Pizza, Inc. just bought a new delivery car for $1,000 cash on … hawaiian woodrose flowerNettetOn January 23, 2024, received cash payment in full from the customer on the January 10 transaction. On January 27, 2024, provides $1,200 in services to a customer who asks … bosch trim router coltNettetBilled customers for fees earned, $112,700. Purchased supplies on account, $4,500. Received cash from customers on account, $88,220. Paid creditors on account, $3,100. a. Journalize these transactions in a two-column journal, using the appropriate number to identify the transactions. Journal entry explanations may be omitted. hawaiian word artNettetUnbilled Revenue Journal Entry. Unbilled revenue is the amount that a company earns after goods or services deliver but not yet billed invoice to customers. In real life, the … hawaiian wood typesNettetJournalize the adjusting entries required in the following situation: At the end of the year, $10,500 of fees have been earned but have not been billed to clients. At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. bosch trimmer lineNettetfor 1 dag siden · Robo-advisor fees typically range from 0.25% to 1% per year. Others charge monthly or annual subscription fees, such as $3 to $30 per month or $300 per year. You may also encounter a one-time ... hawaiian woodrose seeds effects