Assume no other adjusting entries are made during the year. a. Accounts Receivable. At year-end, the L. Cole Company has completed services of $28,500 for a client, but the client has not yet been billed for those services. b. Interest Receivable. At year-end, the company has earned, but not yet recorded, $770 of interest earned from s investments in, government bonds. c. Accounts Receivable. A painting company bills customers when jobs are complete. The work for one job is now complete The customer has not yet been billed for the $2,060 of work. View transaction list Journal entry worksheet < 1 2 At year-end, the L. Cole Company has completed services of $28,500 for a client, but the client has not yet been billed for those services. Transaction a. 3 Note: Enter debits before credits. Record entry General Journal Clear entry Debit Credit View general journal
Assume no other adjusting entries are made during the year. a. Accounts Receivable. At year-end, the L. Cole Company has completed services of $28,500 for a client, but the client has not yet been billed for those services. b. Interest Receivable. At year-end, the company has earned, but not yet recorded, $770 of interest earned from s investments in, government bonds. c. Accounts Receivable. A painting company bills customers when jobs are complete. The work for one job is now complete The customer has not yet been billed for the $2,060 of work. View transaction list Journal entry worksheet < 1 2 At year-end, the L. Cole Company has completed services of $28,500 for a client, but the client has not yet been billed for those services. Transaction a. 3 Note: Enter debits before credits. Record entry General Journal Clear entry Debit Credit View general journal
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter3: Review Of A Company's Accounting System
Section: Chapter Questions
Problem 10P: Worksheet Victoria Company has the following account balances on December 31, 2019, prior to any...
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