Ask Experts Questions for FREE Help !
Ask
    twoods2725's Avatar
    twoods2725 Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Mar 18, 2012, 03:06 PM
    Accounting Question
    How do you journalize accrued service revenue of 1400 dollars
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #2

    Mar 18, 2012, 09:33 PM
    Carry the revenue to income and the other side of the entry is accrued income(sundry debtor)
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!

Accounting question [ 0 Answers ]

Catlet Co. Uses a periodic inventory system. Its records show the following for the month of May in which 65 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory 30 $12.03 ...

Accounting question [ 1 Answers ]

Paid ling corp.one-half amount owed for office equipment. What should I do with this transaction?

Accounting question? [ 1 Answers ]

I have a problem I can't seem to solve. Beginning inventory =28000 ending inv=47000, net purchases =110000. gross profit =60 percent what is the net sales revenue. Do you have a formula to figure this out?

Question Help in Accounting! [ 2 Answers ]

You have the opportunity to invest in a machine that will increase cash flows by $1,600 per year. The initial investment is $5,000. The machine is expected to have a useful life of three years and have a salvage vale of $1,000. Your desired rate of return is 16%. Calculate the NPV of the...

Accounting Question Please help [ 2 Answers ]

You are scheduled to receive $100,000 in three years. 8% is a fair rate. What is the present value of the future cash flow? I have to show calculation.

View more questions Search