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 1.
Date Account Debit
Credit November 1
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
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 1.
| Date | Account | Debit | Credit |
| November 1 | 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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