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Prepare journal entries to record the following transactions. Purchased $390 of supplies on credit....

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Accounting

Prepare journal entries to record the following transactions.

  1. Purchased $390 of supplies on credit.
  2. Completed $590 of work for a client on credit.
  3. Paid $390 cash towards the amount owed from transaction a.
  4. Completed work for a client and immediately received $890 cash.
  5. Collected $590 cash for the work previously performed in transaction b.
  6. Received $1,090 cash in advance from a client for services to be performed next period

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