During the month of July, the following selected transactions took place: July 2 Paid $600 cash for rent for July, August, and September. 10 Purchased $100 of supplies for cash. 14 Collected the full balance of accounts receivable. 20 Received $680 cash from a customer for services to be provided in August. 25 Provided $1,450 of services for a customer and immediately collected cash. Additional information: 1. At July 31, the company had provided $730 of services for a customer that it had not billed or recorded. 2. Supplies on hand at July 31 were $760. 3. The equipment has a six-year useful life. 4. As at July 31, the company had performed services of $840 that had been paid in advance and were recorded as unearned revenue. record july transactions.
During the month of July, the following selected transactions took place:
July
2 Paid $600 cash for rent for July, August, and September.
10 Purchased $100 of supplies for cash.
14 Collected the full balance of accounts receivable.
20 Received $680 cash from a customer for services to be provided in August.
25 Provided $1,450 of services for a customer and immediately collected cash.
Additional information:
1. At July 31, the company had provided $730 of services for a customer that it had not billed or recorded.
2. Supplies on hand at July 31 were $760.
3. The equipment has a six-year useful life.
4. As at July 31, the company had performed services of $840 that had been paid in advance and were recorded as unearned revenue.
record july transactions.
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