EX 2-9 Transactions and T accounts OBJ. 2 The following selected transactions were completed during August of the current year: 1. Billed customers for fees earned, $73,900. 2. Purchased supplies on account, $1,960. 3. Received cash from customers on account, $62,770. 4. Paid creditors on account, $820. a. Journalize these transactions in a two-column journal, using the appropriate number to

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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EX 2-9 Transactions and T accounts
OBJ. 2,3
The following selected transactions were completed during August of the current year:
1. Billed customers for fees earned, $73,900.
2. Purchased supplies on account, $1,960.
3. Received cash from customers on account, $62,770.
4. Paid creditors on account, $820.
a. Journalize these transactions in a two-column journal, using the appropriate number to
identify the transactions. Journal entry explanations may be omitted.
Transcribed Image Text:EX 2-9 Transactions and T accounts OBJ. 2,3 The following selected transactions were completed during August of the current year: 1. Billed customers for fees earned, $73,900. 2. Purchased supplies on account, $1,960. 3. Received cash from customers on account, $62,770. 4. Paid creditors on account, $820. a. Journalize these transactions in a two-column journal, using the appropriate number to identify the transactions. Journal entry explanations may be omitted.
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