Business, 14.06.2020 02:57 write2lakenor7awj

Revenue and Cash Receipts Journals Transactions related to revenue and cash receipts completed by Sycamore Inc. during the month of March 20Y8 are as follows: Mar. 2. Issued Invoice No. 512 to Santorini Co., $905. Mar. 4. Received cash from CMI Inc., on account, for $205. Mar. 8. Issued Invoice No. 513 to Gabriel Co., $220. Mar. 12. Issued Invoice No. 514 to Yarnell Inc., $845. Mar. 19. Received cash from Yarnell Inc., on account, $555. Mar. 20. Issued Invoice No. 515 to Electronic Central Inc., $195. Mar. 28. Received cash from Marshall Inc. for services provided, $160. Mar. 29. Received cash from Santorini Co. for Invoice No. 512 of March 2. Mar. 31. Received cash from McCleary Co. for services provided, $85. Prepare a single-column revenue journal and a cash receipts journal to record these transactions. Enter the transactions in chronological order.

Answers: 1

Show answers

Answers

Answer from: hxmiltrxshh

Answer and Explanation:

The Preparation of revenue Journal and cash receipts Journal is shown below:-

Revenue Journal

Date Invoice Debited accounts Accounts received Dr,

number Fees earned Cr,

March 2 512 Santorini Co. $905

March 8 513 Gabriel Co. $220

March 12 514 Yarnell Inc. $845

March 20 515 Electronic Central Inc. $195

March 31 Total $2,165

Cash Receipts Journal

Date Accounts Post ref. Fees Accounts Cash Dr,

credited earned Cr, receivable Cr,

March 4 CMI Inc. $205 $205

March 19 Yarnell Inc $555 $555

March 28 Marshall Inc.

(Fees earned) $160 $160

March 29 Santorini Co. $905 $905

March 31 McCleary Co.

(Fees earned) $85 $85

Total $245 $1,655 $1,910

Answer from: Quest

Renting provides greater flexibility but can lead to higher costs in the long term.answer: b) or the second option.

Answer from: Quest

answer; engaging in effective public relations;

Another question on Business

Business, 22.06.2019 11:00

Consider an economy where government expenditures are 10 and total tax revenues are 10. the supply of labor is fixed at 125 and the supply of capital is fixed at 8. the economy is described by the following equations. y k to the power of 1 divided by 3 end exponent l to the power of 2 divided by 3 end exponent c 2.5 + 0.75 ( y - t ) i 10 - 0.5 r the level of private savings is

Answers: 1

Answer

Business, 22.06.2019 23:30

The upper-level managers of synergy technology are meeting for the week to look at the long-term company goals and overall direction of the organization. the ceo has expressed her concern over the economy and has told her managers to look closely at the environment outside the organization before making decisions and to be future oriented. in this meeting, top managers of synergy are

Answers: 2

Answer

Business, 23.06.2019 08:30

Which of the following scenarios will probably cause prices to drop

Answers: 3

Answer

Business, 23.06.2019 09:00

Jorge is attending college next year. he just got information on the college costs and the financial aid package the college is offering. jorge knows his parents can contribute $4,500 each year. jorge’s college costs & financial aid package per year costs financial aid package tuition & fees grants & scholarship $26,000 $18,500 room & board work-study $12,500 $8,500 how much will jorge need to pay each year from his own savings and from loans? $3,000 $7,000 $7,500 $11,500

Answers: 2

Answer

You know the right answer?

Revenue and Cash Receipts Journals Transactions related to revenue and cash receipts completed by Sy...

Questions