[thalialex]

Joan miller accepted cash in advance for artwork to be done for another agency, (credit Unearned Advertising Fees), $1600

[thalialex]

Please, check to see if, I am on the right track. Thank you...

Problem: Accepted cash in advance for artwork to be done for another agency, (credit Unearned Advertising Fees), $1600

Cash (debit) 1,600
Unearned Art Fees (credit) 1,600


Problem: Paid the amount due to Morgan Equipment for the purchased of office equipment last month, $1,500

Office Equipmen/tAcc Pay $1,500 (debit)
Cash $1,500 (credit)


Problem: Feb. 14 Purchased a copier from Morgan Equipment for $2,100 paying $250 in cash and agreeing to pay he rest in equal payments over the next five months.

Equipment $2100 (debit)
Cash $250 (debit)
Acc Pay 1750 (credit)



Problem: Performed advertising services and accepted a cash fee, $1,050.

Ser Revenue $1,050 (debit)
CAsh $1050 (credit)

Problem: Received payment on account from Ward Department Stores for services performed last month, $2,800

Acc Rec. $2800 (debit)
Service Rev. $2800 (credit)

[pready]

This is a duplicate post and has been answered in the other post.

[thalialex]

This is a duplicate post and has been answered in the other post.

Last night was my first time using this site. I believe, I answered my own question. Can someone help me, I need to know if I am on the right track for what I previously posted.

[pready]

Did you look at your other post as I already answered your questions on the other post.