# Review the following transactions, and prepare any necessary journal entries for Juniper Landscaping Services. A. On November 5, Juniper receives advance cash payment from a customer for landscaping services in the amount of \$3,500. Juniper had yet to provide landscaping services as of November 5. B. On December 11, Juniper provides all of the landscaping services to the customer from November 5. C. On December 14, Juniper receives advance payment from another customer for landscaping services in the amount of \$4,400. Juniper has yet to provide landscaping services as of December 14. D. On January 19 of the following year, Juniper provides and recognizes 80% of landscaping services to the customer from December 14.

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### Principles of Accounting Volume 1

19th Edition
OpenStax
Publisher: OpenStax College
ISBN: 9781947172685

#### Solutions

Chapter
Section
FindFindarrow_forward

### Principles of Accounting Volume 1

19th Edition
OpenStax
Publisher: OpenStax College
ISBN: 9781947172685
Chapter 12, Problem 4PA
Textbook Problem
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## Review the following transactions, and prepare any necessary journal entries for Juniper Landscaping Services.A. On November 5, Juniper receives advance cash payment from a customer for landscaping services in the amount of \$3,500. Juniper had yet to provide landscaping services as of November 5.B. On December 11, Juniper provides all of the landscaping services to the customer from November 5.C. On December 14, Juniper receives advance payment from another customer for landscaping services in the amount of \$4,400. Juniper has yet to provide landscaping services as of December 14.D. On January 19 of the following year, Juniper provides and recognizes 80% of landscaping services to the customer from December 14.

To determine

Concept introduction:

Journal Entry: In journal entry company records all the business transactions which are in monetary form. Company records the transaction on debit and credit in journal entry which are always equal.

To prepare:

Journal Entry In the books of company.

### Explanation of Solution

A. Amount received by the customer of 3500 which is debited in the cash account and it is credited in the income received in advance account.

B. When services provided to the customer then income received in advance account is debited by 3500 and same is credited in the income account.

C...

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