Bravada Enterprises Transactions for Bravada Enterprises are provided below. Sept. 1 Bills are sent to clients for services provided in August for the amount of $2,200. Sept. 9 Barlue Furnishings delivers $1,500 of office furniture and $500 of office supplies to Bravada, leaving an invoice for $2,000. Sept. 15 Payment is made to Barlue for the office furniture and supplies delivered on September
9. Sept. 23 A $630 bill for advertising for the month of September is received. It will be paid on its due date in October. Sept. 30 Salaries of $450 are paid to employees. Refer to the transactions that occurred at Bravada Enterprises. The journal entry to record the September 1st transaction will include a debit of $2,200 to:
A) Service revenue.
B) Cash.
C) Accounts receivable.
D) Retained earnings.
C
You might also like to view...
The report of income and dividends is the same as a balance sheet for a bank
Indicate whether the statement is true or false
Which of the following is not a part of the beliefs of Kantian ethics?
A) The applicability of "do unto others as you would have them do unto you" B) Abiding by the rules applied to others in making decisions C) Choosing a course of action based on what does the greatest good for society D) All cases should be treated alike
Dennis Kozlowski, Mark Swartz and Mark Belnick of Tyco:
a. All feel that because they did not break the law that they were ethical. b. Were all convicted of various felonies. c. Were fired for trying to raise issues. d. None of the above
In a pull system, an upstream work center or operation will create output regardless whether a downstream center directly requests that output
a. True b. False Indicate whether the statement is true or false