What is the total amount posted to the accounts receivable

Reference no: EM131960933

Problem

Prepare Journal Entries in a Revenue Journal

Patton Services Company had the following transactions during the month of April:

Apr. 2. Issued Invoice No. 201 to Triple Play Corp. for services rendered on account, $260.
Apr. 3. Issued Invoice No. 202 to Mid States Inc. for services rendered on account, $370.
Apr. 14. Issued Invoice No. 203 to Triple Play Corp. for services rendered on account, $130.
Apr. 22. Issued Invoice No. 204 to Parker Co. for services rendered on account, $540.
Apr. 30. Collected Invoice No. 201 from Triple Play Corp.

a. Prepare a revenue journal (in chronological order) to record the April revenue transactions for Patton Services Company.
REVENUE JOURNAL
DATE Invoice No. Account Debited Post. Ref. Accounts Rec. Dr.
Fees Earned Cr.

b. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for April?

c. What is the April 30 balance of the Triple Play Corp. customer account assuming a zero balance on April 1?

Reference no: EM131960933

Questions Cloud

Probability that the sample mean hardness : If the distribution is normal, what is the probability that the sample mean hardness for a random sample of 12 pins is at least 51?

Nation-wide average : The nation-wide average (for households that do not have high-speed internet access) is known to be 40%.

What profit did you actually make : Prepare journal entries to record Job #101 (which is this project). What profit did you actually make, assuming sales price of $195.00? Include your calculation

Health care plans in forthcoming annual enrollment period : The employee manager of a large company would like to estimate the proportion of full-time employees who prefer adopting plan A of two available health

What is the total amount posted to the accounts receivable : What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for April?

Scores are ordered from least to greatest : Here are the scores of 16 students on a geography test.59, 60, 61, 62, 63, 75, 75, 76, 76, 78, 79, 80, 81, 82, 88, 92

Confidence interval for the slope : If sd = 3.35, give a 95% confidence interval for the MPG of a car with a 3 liter engine.

Same for the confidence interval set : Do the same for the confidence interval set at 80%. Include an example with actual numerical values for the intervals in your post to help with your explanation

Read the standard error in the regression output : Studies have shown that the frequency with which shoppers browse internet retailers is related to the frequency with which they actually purchase

User Account

All Pages