1. September 7: Awree Natcatnotus provided business consulting services of $25,000 and billed Green Landscaping Inc for the services. Green Landscaping will be in 30 days. 2. September 12: Awree Natcacnotus signed a $42,000 six-month consulting contract with ABC Tutors. Services will commence in January of next year and payment will be made monthly after services start. 3. October 6: Green Landscaping paid the $25,000 it owed. 4. October 12: Awree Natcatnotus received $25,000 from Green Landscaping for services to be provided over the next two months. 5. October 25: Awree Natcacnotus provided business consulting services worth $17,000 and billed Green Landscaping. Green Landscaping acknowledged the invoiced and agreed to the amount. 6. November 27: Awree Natcacnotus provided business consulting services worth $12,000 and billed Green Landscaping. Green Landscaping acknowledged the invoiced and agreed to the amount, and promised to pay any balance not covered by the $25,000 paid on October 12 within 15 days. 7. December 5: Awree Natcatnotus received $40,000 from Green

1. September 7: Awree Natcatnotus provided business consulting services of $25,000 and billed Green Landscaping Inc for the services. Green Landscaping will be in 30 days. 2. September 12: Awree Natcacnotus signed a $42,000 six-month consulting contract with ABC Tutors. Services will commence in January of next year and payment will be made monthly after services start. 3. October 6: Green Landscaping paid the $25,000 it owed. 4. October 12: Awree Natcatnotus received $25,000 from Green Landscaping for services to be provided over the next two months. 5. October 25: Awree Natcacnotus provided business consulting services worth $17,000 and billed Green Landscaping. Green Landscaping acknowledged the invoiced and agreed to the amount. 6. November 27: Awree Natcacnotus provided business consulting services worth $12,000 and billed Green Landscaping. Green Landscaping acknowledged the invoiced and agreed to the amount, and promised to pay any balance not covered by the $25,000 paid on October 12 within 15 days. 7. December 5: Awree Natcatnotus received $40,000 from Green

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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