k ces Suppose your company sells services for $325 cash this month. Your company also pays $100 in salaries and wages, which includes $15 that was payable at the end of the previous month and $85 for salaries and wages of this month. Required: 1. Prepare the journal entries to record these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < A B Record the service revenue of $325 for cash. Note: Enter debits before credits. >

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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k
ces
Suppose your company sells services for $325 cash this month. Your company also pays $100 in salaries and wages,
which includes $15 that was payable at the end of the previous month and $85 for salaries and wages of this month.
Required:
1. Prepare the journal entries to record these transactions. (If no entry is required for a transaction/event, select "No Journal Entry
Required" in the first account field.)
View transaction list
Journal entry worksheet
<
A
B
Record the service revenue of $325 for cash.
Note: Enter debits before credits.
Transcribed Image Text:k ces Suppose your company sells services for $325 cash this month. Your company also pays $100 in salaries and wages, which includes $15 that was payable at the end of the previous month and $85 for salaries and wages of this month. Required: 1. Prepare the journal entries to record these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < A B Record the service revenue of $325 for cash. Note: Enter debits before credits.
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