- Instructions Rubin Enterprises had the following sales related transactions on a recent day a. Biled customer $28,900 on account for services already provided b. Collected $5.955 in cash for services to be provided in the future. c. The customer complained about aspects of the services provided in Transaction a. To maintain a good relationship with this customer, Rubin granted an allowance of $1,600 off the list price. The customer had not yet paid for the services d. Rubin provided the services for the customer in Transaction b. Additionally, Rubin granted an allowance of $320 because the services were provided after the promised date. Because the customer had already paid, Rubin paid the $320 allowance in cash. Required: Prepare the necessary joumal entry for entries) for each of these transactions. Instructions Chart of Accounts General Ledger ASSETS REVENUE 411 Sales Revenue 111 Cash 112 Potty Cash 121 Accounts Receivable 123 Allowance for Doubtful Accounts 124 Notes Receivable 412 Service Revenue 413 Interest Income 414 Rent Revenue 125 Supplies 126 Prepaid Insurance 127 Prepaid Rent 128 Inventory 129 Interest Receivable 130 Investment EXPENSES 511 Cost of Goods Sold 512 Advertising Expense 513 Supplies Expense 514 Utilities Expense 515 Rent Expense 516 Insurance Expense 517 Service Charge Expense 518 Bad Debt Expense 521 Wages Expense 531 Interest Expense 532 Depreciation Expense 131 Land 132 Buildings 133 Equipment 134 Furniture 135 Trucks 13 Acumulated Derection Check My Work Previ All work waved Email Instructor Save and the Submit AS 80 88 75 $ 3 4 5 6 7 8 9 0 E R. T Y U P. C Sales and Sales Returns and Allowances Instructions Chart of Accounts General Journal Instructions General Journal DATE DESCRIPTION POST. REF DEBIT 1 CREDIT ASSE 2 3 4 5 7 1 TL 132 Buildings 133 Equipment 134 Furniture 135 Trucks 517 Service Charge Expense 518 Bad Debt Expense 521 Wages Expense 531 Interest Expense Check My Work All work saved Email Instructor Save and Exit 80 ga DIL DD F % A & 3 4 5 6 7 8 9 T HI III Instructions General Journal Shaded cells have feedback DATE DESCRPTION POST. REF DCHIT CREDIT ASSETS 1 LAMUTES EQUITY AND "AL... 28.900.00 Accounts Receivable Interest Receivable Cash 1 . 21,900.00 5.955.00 1 5955.00 uneared revenues Interestigen Accounts Receivable Senice Revenue 1.600.00 ! . 1.400.00 4 5.955.00 1 need revenue 320,00 . IVIC 320.00 32000