Ask Experts Questions for FREE Help !
Ask
    jawilson30's Avatar
    jawilson30 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 22, 2010, 05:42 AM
    Provided services to customers who made advance payments of 10,000
    Journalize the following transaction:
    Provided services for customers who had made advance payments of $10,000.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Sep 22, 2010, 12:10 PM

    Please see our guidelines for posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

    If the customers paid in advance, what account do you think that went into? If they are now earning it, what account does that need to move to?
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!

Services provided in foreign country [ 4 Answers ]

Is payment made by a US Corporation to other corporation in foreign country for services provided by foreign corporation in foreign country (outsourcing) subject to withholding? Is foreign corporation subject to file US tax return, even though all the services they provided were outside of the...

Customers who are relactant to pay for services offered to them [ 3 Answers ]

Among the challenges most small business owners face is relactance by some customers to clear their depts.I am one of them.How can I handle this kind of customers without causing upsets?

Recorded services provided [ 1 Answers ]

Recorded services provided on account for the period October 1-12, $5,750

View more questions Search