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Prepare journal entries to record the transaction identified

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Reference no: EM131821715

Problem

Jim's Gymnastics Training's operations for the month of October are summarized as follows:

A. Provided $6,000 of training to students on account.
B. Received $3,200 cash from students for training provided in October.
C. Received $1,400 cash for training to be provided in November.
D. Received $4,400 cash from students on account for training provided in September.
E. Paid September's gym rental bill on account in the amount of $1,400.
F. Received October's rental bill of $1,200; set it aside.

Required:

Prepare journal entries to record the transactions identified among activities (A) through (F). (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

Reference no: EM131821715

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