Ask Experts Questions for FREE Help !
Ask
    wilkined's Avatar
    wilkined Posts: 1, Reputation: 1
    New Member
     
    #1

    May 29, 2010, 02:59 PM
    How would the journal entry look for recorded revenue earned and billed to clients
    How would you do the entry for revenue earned and billed to clients during the month, $41,900
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
     
    #2

    May 30, 2010, 03:48 PM

    Debit Accounts Receivable for the amount and Credit Earned Revenue for the amount

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Which of the following transactions is recorded in the revenue journal [ 3 Answers ]

Which of the following transactions is recorded in the revenue journal? a. sale of excess office equipment for cash b. rendering services for cash c. rendering services on account d. sale of excess office equipment on account

Revenue item not recorded in the year in which earned [ 1 Answers ]

Hi, I am preparing a good form multiple-step income statement and a statement of retained earnings for 2008. In reviewing the accounts, I recognized that a revenue item of $400 000 was not recorded in 2006, the year in which it was earned. I know that there needs to be an adjustment done...

Revenue item not recorded in the year in which earned [ 1 Answers ]

Hi, I am preparing a good form multiple-step income statement and a statement of retained earnings for 2008. In reviewing the accounts, I recognized that a revenue item of $400 000 was not recorded in 2006, the year in which it was earned. I know that there needs to be an adjustment done but...

Journal entry on service revenue [ 1 Answers ]

I have a question... how will I write this as a journal entry If Jan was starting her business on jan 1st and jan is only doing journal entries from jan 1st to jan 31st. Jan will receive a salary of $2,000 on both the first and fifteenth of each month. Payment on the fifteenth is for service...


View more questions Search