Horizon Consulting Company had the following transactions during the month of October: Oct. 2. Issued Invoice No. 321 to Pryor Corp. for services rendered on account, $595. Oct. 3. Issued Invoice No. 322 to Armor Inc. for services rendered on account, $310. Oct. 14. Issued Invoice No. 323 to Pryor Corp. for services rendered on account, $205. Oct. 24. Issued Invoice No. 324 to Rose Co. for services rendered on account, $850. Oct. 29. Collected Invoice No. 321 from Pryor Corp. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for October?
Horizon Consulting Company had the following transactions during the month of October: Oct. 2. Issued Invoice No. 321 to Pryor Corp. for services rendered on account, $595. Oct. 3. Issued Invoice No. 322 to Armor Inc. for services rendered on account, $310. Oct. 14. Issued Invoice No. 323 to Pryor Corp. for services rendered on account, $205. Oct. 24. Issued Invoice No. 324 to Rose Co. for services rendered on account, $850. Oct. 29. Collected Invoice No. 321 from Pryor Corp. What is the total amount posted to the accounts receivable and fees earned accounts from the revenue journal for October?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
100%
Prepare
Horizon Consulting Company had the following transactions during the month of October:
| Oct. 2. | Issued Invoice No. 321 to Pryor Corp. for services rendered on account, $595. |
| Oct. 3. | Issued Invoice No. 322 to Armor Inc. for services rendered on account, $310. |
| Oct. 14. | Issued Invoice No. 323 to Pryor Corp. for services rendered on account, $205. |
| Oct. 24. | Issued Invoice No. 324 to Rose Co. for services rendered on account, $850. |
| Oct. 29. | Collected Invoice No. 321 from Pryor Corp. |
What is the total amount posted to the
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education