13. Complete the chart below. Permanent/ Temporary Classification Statement Normal Account Balance Advertising Expense Fees Earned Cash J. Doe, Capital Accumulated Depreciation J. Doe, Drawing Notes Payable (due in 5 years) Unearned Revenue Accounts Receivable Office Salaries Expense Rent Revenue Land Store Supplies Expense Salaries Payable Sales Mortgage Payable Interest Expense Merchandise Inventory Depreciation Expense - Office Equipment Accounts Payable Sales Tax Payable 14. Prepare journal entries for the following transactions. a. Sold $5,000 in services for cash, Date Description Post. Debit Credit Ref.

13. Complete the chart below. Permanent/ Temporary Classification Statement Normal Account Balance Advertising Expense Fees Earned Cash J. Doe, Capital Accumulated Depreciation J. Doe, Drawing Notes Payable (due in 5 years) Unearned Revenue Accounts Receivable Office Salaries Expense Rent Revenue Land Store Supplies Expense Salaries Payable Sales Mortgage Payable Interest Expense Merchandise Inventory Depreciation Expense - Office Equipment Accounts Payable Sales Tax Payable 14. Prepare journal entries for the following transactions. a. Sold $5,000 in services for cash, Date Description Post. Debit Credit Ref.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 20MC: Which of the following is a measurement of earnings that represents the profit before interest,...

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