In December 2019, Evergreen, a cleaning company, is performing $ 1,500 of service for customers who will not pay until February 2020. Record the entries when service is performed and cash is received Evergreen Cleaning Services Company has accrued a salary of $ 15,000 on 30 December 2019, payable on 2 January 2020.Record entries when salaries are accrued and salaries are paid On 15 December 2019, Evergreen Cleaning Services Company received a total of $ 2,000 worth of utility bills. The company will pay the bill on 2 January 2020. Record the entries for 15 December 2019 and 2 January 2020
In December 2019, Evergreen, a cleaning company, is performing $ 1,500 of service for customers who will not pay until February 2020. Record the entries when service is performed and cash is received Evergreen Cleaning Services Company has accrued a salary of $ 15,000 on 30 December 2019, payable on 2 January 2020.Record entries when salaries are accrued and salaries are paid On 15 December 2019, Evergreen Cleaning Services Company received a total of $ 2,000 worth of utility bills. The company will pay the bill on 2 January 2020. Record the entries for 15 December 2019 and 2 January 2020
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
- In December 2019, Evergreen, a cleaning company, is performing $ 1,500 of service for customers who will not pay until February 2020. Record the entries when service is performed and cash is received
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- Evergreen Cleaning Services Company has accrued a salary of $ 15,000 on 30 December 2019, payable on 2 January 2020.Record entries when salaries are accrued and salaries are paid
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- On 15 December 2019, Evergreen Cleaning Services Company received a total of $ 2,000 worth of utility bills. The company will pay the bill on 2 January 2020. Record the entries for 15 December 2019 and 2 January 2020
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- On 31 December 2019, Evergreen Cleaning Services Company rendered $15,000 worth of services to a client. The customer will pay the amount on 15 January 2020. Make an
adjusting entry for 2019 and January 2020 .
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- Evergreen Cleaning Services Company leased its indoor cleaning vacuum cleaner to a customer on 2 January 2020. The customer agreed to pay a $ 5,000 fee at the end of the month. On 31 January 2020, Evergreen Cleaning Services Company received the fee. Record entries when the vacuum is leased and the customer pays
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