Ivanhoe Company had the following transactions during the first week of May. Record the following transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction. ( Juhan amount is entered. Do not indent manually. List all debit entries before credit and 1. Purchased supplies on account for $430. 2. Performed services and billed the customer $1,250. 3. Received cash of $630 for services to be performed in June. 4. Collected $650 on account. 5. Paid $230 on account. No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5.
Ivanhoe Company had the following transactions during the first week of May. Record the following transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction. ( Juhan amount is entered. Do not indent manually. List all debit entries before credit and 1. Purchased supplies on account for $430. 2. Performed services and billed the customer $1,250. 3. Received cash of $630 for services to be performed in June. 4. Collected $650 on account. 5. Paid $230 on account. No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5.
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 5EA: Catherines Cookies has a beginning balance in the Accounts Payable control total account of $8,200....
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
Transcribed Image Text:Ivanhoe Company had the following transactions during the first week of May. Record the following transactions in general journal
form. Identify each transaction by number. You may omit explanations of the transaction. (
Juhan amount is entered. Do not indent manually. List all debit entries before credit and
1.
Purchased supplies on account for $430.
2.
Performed services and billed the customer $1,250.
3.
Received cash of $630 for services to be performed in June.
4.
Collected $650 on account.
5.
Paid $230 on account.
No. Account Titles and Explanation
Debit
Credit
1.
2.
3.
4.
5.
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