Horizon Consulting Company had the following transactions during the month of October:Oct. 2. Issued Invoice No. 321 to Pryor Corp. for services rendered on account, $595.3. Issued Invoice No. 322 to Armor Inc. for services rendered on account, $310.14. Issued Invoice No. 323 to Pryor Corp. for services rendered on account, $205.24. Issued Invoice No. 324 to Rose Co. for services rendered on account, $850.29. Collected Invoice No. 321 from Pryor Corp.a. Record the October revenue transactions for Horizon Consulting Company in thefollowing revenue journal format:REVENUE JOURNALInvoicePost.Ref.Accts. Rec. Dr.Fees Earned Cr.DateNo.Account Debitedb. What is the total amount posted to the accounts receivable and fees earned accountsfrom the revenue journal for October?c. What is the October 31 balance of the Pryor Corp. customer account assuming a zerobalance on October 1?

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Asked Dec 9, 2019
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Horizon Consulting Company had the following transactions during the month of October:
Oct. 2. Issued Invoice No. 321 to Pryor Corp. for services rendered on account, $595.
3. Issued Invoice No. 322 to Armor Inc. for services rendered on account, $310.
14. Issued Invoice No. 323 to Pryor Corp. for services rendered on account, $205.
24. Issued Invoice No. 324 to Rose Co. for services rendered on account, $850.
29. Collected Invoice No. 321 from Pryor Corp.
a. Record the October revenue transactions for Horizon Consulting Company in the
following revenue journal format:
REVENUE JOURNAL
Invoice
Post.
Ref.
Accts. Rec. Dr.
Fees Earned Cr.
Date
No.
Account Debited
b. What is the total amount posted to the accounts receivable and fees earned accounts
from the revenue journal for October?
c. What is the October 31 balance of the Pryor Corp. customer account assuming a zero
balance on October 1?
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Horizon Consulting Company had the following transactions during the month of October: Oct. 2. Issued Invoice No. 321 to Pryor Corp. for services rendered on account, $595. 3. Issued Invoice No. 322 to Armor Inc. for services rendered on account, $310. 14. Issued Invoice No. 323 to Pryor Corp. for services rendered on account, $205. 24. Issued Invoice No. 324 to Rose Co. for services rendered on account, $850. 29. Collected Invoice No. 321 from Pryor Corp. a. Record the October revenue transactions for Horizon Consulting Company in the following revenue journal format: REVENUE JOURNAL Invoice Post. Ref. Accts. Rec. Dr. Fees Earned Cr. Date No. Account Debited b. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for October? c. What is the October 31 balance of the Pryor Corp. customer account assuming a zero balance on October 1?

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Revenue Jou...

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Revenue Journal Accounts Receivable Post Fees Date Account Debited Ref Earned Cr Inv No Dr 321 Pryor Corp 322 Armor Inc 323 Pryor Corp Oct-02 595 595 Oct-03 310 310 Oct-14 205 205 Oct-24 324 Rose Co 850 850 1960 1960

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