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The following transactions occurred during November: Nov. 1: Sent bills to clients...

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Accounting

The following transactions occurred during November:

  • Nov. 1: Sent bills to clients for services provided in November in the amount of $12,000.
  • Nov. 9: Purchased office furniture of $4,000 and office supplies of $150 from Office Depot receiving an invoice for $4,150. The invoice is due in 60 days.
  • Nov. 15: Paid for the office furniture and supplies purchased from Office Depot.
  • Nov. 23: Received a $350 bill from WKRP Radio for advertising. The bill is due in 30 days.
  • Nov. 30: Paid salaries of $2,500 to employees.

Complete the Journal Entries for the event that occurred on November 15.


Date Account Debit
 Credit
November 15
 Answer Accounts ReceivableRevenueCashOffice FurnitureOffice SuppliesAccounts PayableAdvertising ExpenseWages Expense Answer BLANK$12,000$4,000$150$4,150$350$2,500
 Answer BLANK$12,000$4,000$150$4,150$350$2,500

Answer Accounts ReceivableRevenueCashOffice FurnitureOffice SuppliesAccounts PayableAdvertising ExpenseWages Expense Answer BLANK$12,000$4,000$150$4,150$350$2,500 Answer BLANK$12,000$4,000$150$4,150$350$2,500

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