Ask Experts Questions for FREE Help!
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps
 
Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Accounting    Ask about another Subject  
 
PDA

maty318
Jul 20, 2009, 05:38 AM
how do i journalize this transaction. John Dunn storage's revenue for the past week totalled $900
teonguyen
Jul 20, 2009, 09:51 AM
Here i would record this way

If John Dunn sold for cash

Dr.Cash 900
Cr. Service Revenue or (Sales) 900

If John Dunn Sold on account

Dr. Account Receivable 900
Cr. service Revenue or (Sales) 900
Jhomejing
Aug 14, 2009, 09:34 AM
Leon invested 50 thousand