a. Brina Valdez invested $20,000 cash in the company. b. The company provided services to a client and immediately received $900 cash. c. The company received $10,000 cash from a client in payment for services to be provided next year. d. The company received $3,500 cash from a client in partial payment of accounts receivable. e. The company borrowed $5,000 cash from the bank by signing a note payable.

a. Brina Valdez invested $20,000 cash in the company. b. The company provided services to a client and immediately received $900 cash. c. The company received $10,000 cash from a client in payment for services to be provided next year. d. The company received $3,500 cash from a client in partial payment of accounts receivable. e. The company borrowed $5,000 cash from the bank by signing a note payable.

Name: Prepare general journal entries for the following transactions of Vald
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Description: Prepare general journal entries for the following transactions of Valdez Services. a. Brina Valdez invested $20,000 cash in the company.b. The company provided services to a client and immediately received $900 cash.c. The company received $10,000 ca

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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