Post a New Question

Journalizing Accounting

posted by on .

How do I journalize this on my manual form?

Sold DJ service on account to JJ's Dance Club, $500.00. S2.

Homework

  • Journalizing Accounting - ,

    You should:

    *debit your accounts receivable for $500
    *credit the appropriate revenue account for $500 (revenue accounts lie in the stockholder's equity portion of the balance sheet and makes up the net income)

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question