Ask Experts Questions for FREE Help !
Ask
    dancer93's Avatar
    dancer93 Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 2, 2012, 07:44 PM
    What is the journal entry?
    Collect $900 on account. The cash that is received is from the new customer for the job that was completed on July 3.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
     
    #2

    Feb 2, 2012, 10:01 PM
    Debit Cash for 900
    Credit Accounts Receivable for 900

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!

Journal entry and adjusting entry [ 3 Answers ]

Hello: I am new to this site. I am coming across some difficulty with my assignment. If someone can please help me:confused: 1. On may 1st, there was a rent payment for may and June for 4500. THEN 2. I have an adjusting entry for a $1000 of unearned rent. Here is the confusing part to...

Journal Entry / Double-entry software needed [ 5 Answers ]

Hi, I am looking for a good software to use for daily journal entries and adjustments, that will allow me to create at least a balance sheet & income statement and perhaps a few reports (like inventory, accounts receivables). I need a real double-entry & simple reliable software. Peachtree &...

What would the general journal entry be for an adjusting entry? [ 1 Answers ]

Depreciation for the month: Factory equipment... $642.00 Office equipment... $369.70 What accounts are debited and credited?

What do I debit/credit in journal entry/adjusting entry? [ 1 Answers ]

Hi. I am unsure about the correct way to debit/credit these entries. Can someone help me? Window Washing Company opened on July 1, 2010. During July the following transactions were completed: July 1 Issued 14,456 shares of common stock for $14,456 cash. July 1 Purchased used truck for...

Journal Entry [ 2 Answers ]

How do I record the journal entry "Record the weekly deposit of 6,992.10 in the checkbook"? And what journal would I record it in?


View more questions Search