Review the following transactions: A. On November 5, Juniper receives advance cash payment from a customer for landscaping services in the amount of $3,800. Juniper had yet to provide landscaping services as of November 5. B. On December 11, Juniper provides all of the landscaping services to the customer from November 5. C. On December 14, Juniper receives advance payment from another customer for landscaping services in the amount of $5,200. Juniper has yet to provide landscaping services as of December 14. D. On January 19 of the following year, Juniper provides and recognizes 82 percent of landscaping services to the customer from December 14. Prepare any necessary journal entries for Juniper Landscaping Services. If an amount box does not require an entry, leave it blank. Nov. 5   fill in the blank 2 fill in the blank 3     fill in the blank 5 fill in the blank 6 Dec. 11   fill in the blank 8 fill in the blank 9     fill in the blank 11 fill in the blank 12 Dec. 14   fill in the blank 14 fill in the blank 15     fill in the blank 17 fill in the blank 18 Jan. 19   fill in the blank 20 fill in the blank 21     fill in the blank 23 fill in the blank 24

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Review the following transactions:

A. On November 5, Juniper receives advance cash payment from a customer for landscaping services in the amount of $3,800. Juniper had yet to provide landscaping services as of November 5.

B. On December 11, Juniper provides all of the landscaping services to the customer from November 5.

C. On December 14, Juniper receives advance payment from another customer for landscaping services in the amount of $5,200. Juniper has yet to provide landscaping services as of December 14.

D. On January 19 of the following year, Juniper provides and recognizes 82 percent of landscaping services to the customer from December 14.

Prepare any necessary journal entries for Juniper Landscaping Services. If an amount box does not require an entry, leave it blank.

Nov. 5   fill in the blank 2 fill in the blank 3
    fill in the blank 5 fill in the blank 6
Dec. 11   fill in the blank 8 fill in the blank 9
    fill in the blank 11 fill in the blank 12
Dec. 14   fill in the blank 14 fill in the blank 15
    fill in the blank 17 fill in the blank 18
Jan. 19   fill in the blank 20 fill in the blank 21
    fill in the blank 23 fill in the blank 24
Review the following transactions:
A. On November 5, Juniper receives advance cash payment from a customer for landscaping services in the amount of $3,800. Juniper had yet to provide landscaping
services as of November 5.
B. On December 11, Juniper provides all of the landscaping services to the customer from November 5.
C. On December 14, Juniper receives advance payment from another customer for landscaping services in the amount of $5,200. Juniper has yet to provide landscaping
services as of December 14.
D. On January 19 of the following year, Juniper provides and recognizes 82 percent of landscaping services to the customer from December 14.
Prepare any necessary journal entries for Juniper Landscaping Services. If an amount box does not require an entry, leave it blank.
Nov. 5
Dec. 11
Dec. 14
Jan. 19
Transcribed Image Text:Review the following transactions: A. On November 5, Juniper receives advance cash payment from a customer for landscaping services in the amount of $3,800. Juniper had yet to provide landscaping services as of November 5. B. On December 11, Juniper provides all of the landscaping services to the customer from November 5. C. On December 14, Juniper receives advance payment from another customer for landscaping services in the amount of $5,200. Juniper has yet to provide landscaping services as of December 14. D. On January 19 of the following year, Juniper provides and recognizes 82 percent of landscaping services to the customer from December 14. Prepare any necessary journal entries for Juniper Landscaping Services. If an amount box does not require an entry, leave it blank. Nov. 5 Dec. 11 Dec. 14 Jan. 19
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