Daube Industries' operations for the month of October are summarized as follows: A. Provided $7,400 of services on account. B. Received $3,800 cash for services provided in October. C. Received $1,400 cash for services to be provided in November. D. Received $4,400 cash on account for service provided in September. E. Paid September's warehouse rental bill on account in the amount of $1,200. F. Received October's rental bill of $1,000, set it aside. Required:

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Daube Industries' operations for the month of October are summarized as follows:
A. Provided $7,400 of services on account.
B. Received $3,800 cash for services provided in October.
C. Received $1,400 cash for services to be provided in November.
D. Received $4,400 cash on account for service provided in September.
E. Paid September's warehouse rental bill on account in the amount of $1,200.
F. Received October's rental bill of $1,000; set it aside.
Required:
Prepare journal entries to record the transactions identified among activities (A) through (F). (If no entry
transaction/event, select "No Journal Entry Required" in the first account field.)
View transaction list
Journal entry worksheet
<
1
2
3
4
Note: Enter debits before credits.
5
6
Provided $7,400 of services on account. Record the entry.
Transcribed Image Text:Daube Industries' operations for the month of October are summarized as follows: A. Provided $7,400 of services on account. B. Received $3,800 cash for services provided in October. C. Received $1,400 cash for services to be provided in November. D. Received $4,400 cash on account for service provided in September. E. Paid September's warehouse rental bill on account in the amount of $1,200. F. Received October's rental bill of $1,000; set it aside. Required: Prepare journal entries to record the transactions identified among activities (A) through (F). (If no entry transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 Note: Enter debits before credits. 5 6 Provided $7,400 of services on account. Record the entry.
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