Required infomation Journal entry worksheet 2 1 5 6 4 On November 1, WTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,600, and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited. The fee for the sixth month will he reconded when it is collected in 2018. Note: Enter debits before credits. General Journal Credit Transaction Debit e. of 3 1 2 3 Prev

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Required infomation
Journal entry worksheet
2
1
5
6
4
On November 1, WTI agreed to do a special six-month course (starting
immediately) for a client. The contract calls for a monthly fee of $2,600, and
the client paid the first five months' fees in advance. When the cash was
received, the Unearned Training Fees account was credited. The fee for the
sixth month will he reconded when it is collected in 2018.
Note: Enter debits before credits.
General Journal
Credit
Transaction
Debit
e.
of 3
1 2 3
Prev
Transcribed Image Text:Required infomation Journal entry worksheet 2 1 5 6 4 On November 1, WTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,600, and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited. The fee for the sixth month will he reconded when it is collected in 2018. Note: Enter debits before credits. General Journal Credit Transaction Debit e. of 3 1 2 3 Prev
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