performed accounting services for kirby collected 3,500 cash. how would this journal entry be posted to the general journal
To post this transaction to the general journal, you would follow these steps:
1. Identify the accounts involved: In this case, the related accounts could be "Cash" (an asset account) and "Service Revenue" (a revenue account).
2. Determine the appropriate journal entries: Since $3,500 cash was received for accounting services provided, the journal entry would be a debit to "Cash" and a credit to "Service Revenue".
3. Post the journal entry:
General Journal
Date | Account | Debit | Credit
-------------------------------------------------------------
[Date] | Cash | $3,500 |
[Date] | Service Revenue | | $3,500
Note: Replace [Date] with the actual date of the transaction.