Tuesday
March 31, 2015

Homework Help: Accounting Entry

Posted by Anonymous on Saturday, October 7, 2006 at 4:34pm.

"Received $2000 from a client for financial services to be rendered next year."

I am supposed to record the general journal entry for this. Would it be this:

Cash $2000
A/R $2000

or what? This entry is for the last day of the fiscal year, too. Please help me, thanks :)


The credit should be for some kind of unearned income account. The debit is for cash.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

accounting - Billed patients for services rendered of $3,500. journal entry help...
Accounting - On october 31 A fund accrued 2000.00 for legal fees. In November ...
accounting - A company purchased and installed a machine on January 1 at a total...
accounting - An audit trail allows an individual to track a transaction from the...
intermediate accounting - purchase of a machine for $2000 was expensed. The ...
College Accounting - An audit trail allows an individual to track a transaction ...
accounting - Worthington Company issued $1,000,000 face value , six-year, 10% ...
accounting - please help me to get the answers choices below just choice the ...
acounting - A company purchased and installed a machine on January 1 at a total ...
Accounting - 1. Compute the estimated uncollectible accounts at the end of the ...

Members