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Record journal entries in proper form

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Question - In January, a consulting company by the name of Harper Sisters Inc. engaged in the transactions shown below. Please record journal entries in proper form for the following transactions. No adjustments are required in this problem. You do not need to post the journal entry amounts to t-accounts.

1/1 Collected $300 from clients for services to be performed in the future.

1/2 Paid rent for January and February in advance, $500 per month.

1/5 Received $100 related to receivables from clients for services performed in the prior month.

1/23 Provided $800 of counseling services on account.

1/30 Paid wages to employees for January work in the amount of $400.

Reference no: EM132699035

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