nnovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Retained Earnings,Dividends, Fees Earned, Rent Expense, Advertising Expense, Utilities Expense, Miscellaneous Expense.ournalize the following selected transactions for October 20Y2 in a two-column journal. Journal entry explanations may be omitted. If an amount box does not require an entry,eave it blank.Oct. 1. Paid rent for the month, $3,800.3. Paid advertising expense, $2,420.5. Paid cash for supplies, $1,040.6. Purchased office equipment on account, $15,900.12. Received cash from customers on account, $5,190.20. Paid creditor on account, $1,520.27. Paid cash for miscellaneous expenses, $660.30. Paid telephone bill for the month, $240.31. Fees earned and billed to customers for the month, $34,600.31. Paid electricity bill for the month, $420.31. Paid dividends, $2,600.20Y2 Oct. 1Oct. 3Oct. 5Oct. 6Oct. 12Oct. 20Oct. 27Oct. 30Oct. 31Oct. 31)000000100 00

Journal is a book in which all business transactions are recorded when it occurs. The Journal book…

counts Payable, Common Stock, Retained Earnis Advertising Expense, Utilities Expense, Miscellaneous Expense. urnalize the following selected transactions for October 20Y2 in a two-column journal. Journal entry explanations may be omitted. If an amount box does not require an en ave it blank. "ct. 1. Paid rent for tho

counts Payable, Common Stock, Retained Earnis Advertising Expense, Utilities Expense, Miscellaneous Expense. urnalize the following selected transactions for October 20Y2 in a two-column journal. Journal entry explanations may be omitted. If an amount box does not require an en ave it blank. "ct. 1. Paid rent for tho

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter14: Accounting For Uncollectible Accounts Receivable

Section14.2: Writing Off And Collecting Uncollectible Accounts Receivable

Problem 1WT

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