Homework: Chapter 3 Homework Score: 0 of 24 pts 8 of 10 (7 complete) E3-40 (similar to) Start from the trial balance and the posted T-accounts that Linda Whitmer, Certified Public Accountant, Professional Corporation (P.C.), prepared for her accounting practice at October 18, 2018. A professional corporation is not subject to income tax. (Click the icon to view the T-accounts.) (Click the icon to view the trial balance.) The company recorded the following journal entries fo October. (Click the icon to view the journal entries.) Later in October, the business completed these transa O (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize the transactions of October 21 through 31. (Record debits first, then credits. Exclude explanations from any journal entries. If an entry is not requ Accounts column and leave all other cells blank.) October 21: Received $600 in advance for tax work to be performed over the next 30 days. Journal Entry
Homework: Chapter 3 Homework Score: 0 of 24 pts 8 of 10 (7 complete) E3-40 (similar to) Start from the trial balance and the posted T-accounts that Linda Whitmer, Certified Public Accountant, Professional Corporation (P.C.), prepared for her accounting practice at October 18, 2018. A professional corporation is not subject to income tax. (Click the icon to view the T-accounts.) (Click the icon to view the trial balance.) The company recorded the following journal entries fo October. (Click the icon to view the journal entries.) Later in October, the business completed these transa O (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize the transactions of October 21 through 31. (Record debits first, then credits. Exclude explanations from any journal entries. If an entry is not requ Accounts column and leave all other cells blank.) October 21: Received $600 in advance for tax work to be performed over the next 30 days. Journal Entry
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Need assistance on how to start and finish journalizing this Transaction.

Transcribed Image Text:Homework: Chapter 3 Homework
Score: 0 of 24 pts
8 of 10 (7 complete)
E3-40 (similar to)
Start from the trial balance and the posted T-accounts that Linda Whitmer, Certified Public Accountant,
Professional Corporation (P.C.), prepared for her accounting practice at October 18, 2018. A professional
corporation is not subject to income tax.
(Click the icon to view the T-accounts.)
(Click the icon to view the trial balance.)
The company recorded the following journal entries fo
October.
(Click the icon to view the journal entries.)
Later in October, the business completed these transa
O (Click the icon to view the transactions.)
Read the requirements.
Requirement 1. Journalize the transactions of October 21 through 31. (Record debits first, then credits. Exclude explanations from any journal entries. If an entry is not requ
Accounts column and leave all other cells blank.)
October 21: Received $600 in advance for tax work to be performed over the next 30 days.
Journal Entry
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