what is the total amount posted to the accounts receivable and fees earned accounts 551359
EX 5-6 Prepare journal entries in a revenue journal
Madison Services Company had the following transactions during the month of April:
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what is the total amount posted to the accounts receivable and fees earned accounts 551359
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Apr. 2. |
Issued Invoice No. 201 to Triple Play Corp. for services rendered on account, $345.00 |
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3. |
Issued Invoice No. 202 to Mid States Inc. for services rendered on account, $410.00 |
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14. |
Issued Invoice No. 203 to Triple Play Corp. for services rendered on account, $110.00 |
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25. |
Issued Invoice No. 204 to Parker Co. for services rendered on account, $830. Collected Invoice No. 201 from Triple Play Corp. |
- Prepare a revenue journal with the following headings to record the April revenue transactions for Madison Services Company.
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REVENUE JOURNAL |
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Invoice |
Post. |
Accounts Rec. Dr. |
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Date |
No. |
Account Debited |
Ref. |
Fees Earned Cr. |
b. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for April?
c. What is the April 30 balance of the Triple Play Corp. customer account assuming a zero balance on April 1?
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