Selected transactions for Montes Company are presented below in journal form (without explanations). Date May 5 12 15 5/5 5/5 5/15 Account Title Accounts Receivable Service Revenue Cash Accounts Receivable Cash Service Revenue 1600 2000 Debit Credit 3,800 Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.) 3800 1,600 2,000 Cash 3,800 1,600 Accounts Receivable 5/5 2,000 1600

Selected transactions for Montes Company are presented below in journal form (without explanations). Date May 5 12 15 5/5 5/5 5/15 Account Title Accounts Receivable Service Revenue Cash Accounts Receivable Cash Service Revenue 1600 2000 Debit Credit 3,800 Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.) 3800 1,600 2,000 Cash 3,800 1,600 Accounts Receivable 5/5 2,000 1600

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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Need help on figuring out what to put for account/explanation for the journal entry