Homework Help is Here – Start Your Trial Now!
Business
Accounting
Cengage xCengageNOWv2 | Online teachin Xb My Questions | bartleby ← → С â https://v2.cengagenow.com/rn/takeAssignment takeAssignmentMain doinvoker-assignments&takeAssignmentSessionLocator-assignment take&n ☆ Ch 5-3 Exercises & Problems eBook Show Me How Print Item Prepare Journal Entries in a Revenue Journal Horizon Consulting Company had the following transactions during the month of October: Oct. 2 Oct. 3 Oct. 14 Oct. 24 Oct. 29 a. Record the October revenue transactions for Horizon Consulting Company in the following revenue journal format 1. EX.05-03 2. EX.05-01 Issued Invoice No. 321 to Pryor Corp. for services rendered on account, $220 Issued Invoice No. 322 to Armor Inc. for services rendered on account, $310 Issued Invoice No. 323 to Pryor Corp. for services rendered on account, $110 Issued Invoice No. 324 to Rose Co. for services rendered on account, $460 Collected Invoice No. 321 from Pryor Corp 3. EX.05-11 4. EX.05-12 5. EX.05-02 ALGO 6. EX.05-06 ALGO REVENUE JOURNAL 7. EX.05-14 ALGO Accounts Rec. Dr. DATE Invoice No. Account Debited Post. Ref. Fees Earned Cr. 8. EX.05-16 ALGO Pryor Corp. V Armor Inc. Pryor Corp. V 220 V 310 110 460 321 Oct. 2 Oct. 3 Oct. 14 Oct. 24 Oct. 31 322 323 324 Rose Co. 1,100 Feedback Check My Work (a) Record the revenue amounts as earned, on account, in the revenue journal b. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for October? Check My ork 1 more Check My Work uses remaining Previous Next ProgresS: 618 items Assignment Score: 52.28% All work saved Email InstructorSave and Exit Submit Assignment for Grading

Cengage xCengageNOWv2 | Online teachin Xb My Questions | bartleby ← → С â https://v2.cengagenow.com/rn/takeAssignment takeAssignmentMain doinvoker-assignments&takeAssignmentSessionLocator-assignment take&n ☆ Ch 5-3 Exercises & Problems eBook Show Me How Print Item Prepare Journal Entries in a Revenue Journal Horizon Consulting Company had the following transactions during the month of October: Oct. 2 Oct. 3 Oct. 14 Oct. 24 Oct. 29 a. Record the October revenue transactions for Horizon Consulting Company in the following revenue journal format 1. EX.05-03 2. EX.05-01 Issued Invoice No. 321 to Pryor Corp. for services rendered on account, $220 Issued Invoice No. 322 to Armor Inc. for services rendered on account, $310 Issued Invoice No. 323 to Pryor Corp. for services rendered on account, $110 Issued Invoice No. 324 to Rose Co. for services rendered on account, $460 Collected Invoice No. 321 from Pryor Corp 3. EX.05-11 4. EX.05-12 5. EX.05-02 ALGO 6. EX.05-06 ALGO REVENUE JOURNAL 7. EX.05-14 ALGO Accounts Rec. Dr. DATE Invoice No. Account Debited Post. Ref. Fees Earned Cr. 8. EX.05-16 ALGO Pryor Corp. V Armor Inc. Pryor Corp. V 220 V 310 110 460 321 Oct. 2 Oct. 3 Oct. 14 Oct. 24 Oct. 31 322 323 324 Rose Co. 1,100 Feedback Check My Work (a) Record the revenue amounts as earned, on account, in the revenue journal b. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for October? Check My ork 1 more Check My Work uses remaining Previous Next ProgresS: 618 items Assignment Score: 52.28% All work saved Email InstructorSave and Exit Submit Assignment for Grading

SWFT Essntl Tax Individ/Bus Entities 2020
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter2: Working With The Tax Law
Section: Chapter Questions
Problem 1RP
See similar textbooks
icon
Related questions
icon
Concept explainers
Question

Hi for this question, the last part states "c. What is the October 31 balance of the Pryor Corp. customer account assuming a zero balance on October 1?" I put $330 assuming it was the total of the two transactions from Pryor Corp of $220 and $110 but it said it was incorrect. The 'check my work' feedback says "(c) Include all the transactions for Pryor Corp." But I thought that does include all transactions? Can you please help? I have attached a picture of the original question. Thanks!

Cengage xCengageNOWv2 | Online teachin Xb My Questions | bartleby ← → С â https://v2.cengagenow.com/rn/takeAssignment takeAssignmentMain doinvoker-assignments&takeAssignmentSessionLocator-assignment take&n ☆ Ch 5-3 Exercises & Problems eBook Show Me How Print Item Prepare Journal Entries in a Revenue Journal Horizon Consulting Company had the following transactions during the month of October: Oct. 2 Oct. 3 Oct. 14 Oct. 24 Oct. 29 a. Record the October revenue transactions for Horizon Consulting Company in the following revenue journal format 1. EX.05-03 2. EX.05-01 Issued Invoice No. 321 to Pryor Corp. for services rendered on account, $220 Issued Invoice No. 322 to Armor Inc. for services rendered on account, $310 Issued Invoice No. 323 to Pryor Corp. for services rendered on account, $110 Issued Invoice No. 324 to Rose Co. for services rendered on account, $460 Collected Invoice No. 321 from Pryor Corp 3. EX.05-11 4. EX.05-12 5. EX.05-02 ALGO 6. EX.05-06 ALGO REVENUE JOURNAL 7. EX.05-14 ALGO Accounts Rec. Dr. DATE Invoice No. Account Debited Post. Ref. Fees Earned Cr. 8. EX.05-16 ALGO Pryor Corp. V Armor Inc. Pryor Corp. V 220 V 310 110 460 321 Oct. 2 Oct. 3 Oct. 14 Oct. 24 Oct. 31 322 323 324 Rose Co. 1,100 Feedback Check My Work (a) Record the revenue amounts as earned, on account, in the revenue journal b. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for October? Check My ork 1 more Check My Work uses remaining Previous Next ProgresS: 618 items Assignment Score: 52.28% All work saved Email InstructorSave and Exit Submit Assignment for Grading
Transcribed Image Text:Cengage xCengageNOWv2 | Online teachin Xb My Questions | bartleby ← → С â https://v2.cengagenow.com/rn/takeAssignment takeAssignmentMain doinvoker-assignments&takeAssignmentSessionLocator-assignment take&n ☆ Ch 5-3 Exercises & Problems eBook Show Me How Print Item Prepare Journal Entries in a Revenue Journal Horizon Consulting Company had the following transactions during the month of October: Oct. 2 Oct. 3 Oct. 14 Oct. 24 Oct. 29 a. Record the October revenue transactions for Horizon Consulting Company in the following revenue journal format 1. EX.05-03 2. EX.05-01 Issued Invoice No. 321 to Pryor Corp. for services rendered on account, $220 Issued Invoice No. 322 to Armor Inc. for services rendered on account, $310 Issued Invoice No. 323 to Pryor Corp. for services rendered on account, $110 Issued Invoice No. 324 to Rose Co. for services rendered on account, $460 Collected Invoice No. 321 from Pryor Corp 3. EX.05-11 4. EX.05-12 5. EX.05-02 ALGO 6. EX.05-06 ALGO REVENUE JOURNAL 7. EX.05-14 ALGO Accounts Rec. Dr. DATE Invoice No. Account Debited Post. Ref. Fees Earned Cr. 8. EX.05-16 ALGO Pryor Corp. V Armor Inc. Pryor Corp. V 220 V 310 110 460 321 Oct. 2 Oct. 3 Oct. 14 Oct. 24 Oct. 31 322 323 324 Rose Co. 1,100 Feedback Check My Work (a) Record the revenue amounts as earned, on account, in the revenue journal b. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for October? Check My ork 1 more Check My Work uses remaining Previous Next ProgresS: 618 items Assignment Score: 52.28% All work saved Email InstructorSave and Exit Submit Assignment for Grading
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Receivables Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
SWFT Essntl Tax Individ/Bus Entities 2020
SWFT Essntl Tax Individ/Bus Entities 2020
Accounting
ISBN:
9780357391266
Author:
Nellen
Publisher:
Cengage
SEE MORE TEXTBOOKS