Chapter 2 Homework #6

Jan. ​22: Performed services for customers on​ account, $10,500. Date: Accounts Receivable: Service Revenue:

Date: Jan. 22 Accounts Receivable (Debit): 10,500 Service Revenue (Credit): 10,500 Performed service for customers on account.

Jan. 30: Received cash on account from​ customers, $5,000. Date: Cash: Accounts Receivable:

Date: Jan. 30 Cash (Debit): 5,000 Accounts Receivable (Credit): 5,000 Received cash on account from customers.

Jan. ​31: Received $2,025 for three months of consulting service to be performed starting in February. Date: Cash: Unearned Revenue:

Date: Jan. 31 Cash (Debit): 2,025 Unearned Revenue (Credit): 2,025 Received three months consulting services in advance.

Jan. 31: Cash dividends of ​$1,200 were paid to stockholders. Date: Dividends: Cash:

Date: Jan. 31 Dividends (Debit): 1,200 Cash (Credit): 1,200 Payment of cash dividends.

Jan. 31: Paid monthly salary to​ the salesman, $2,200. Date: Salaries Expense: Cash:

Date: Jan. 31 Salaries Expense (Debit): 2,200 Cash (Credit): 2,200 Paid monthly salary to the salesman.

Jan. ​31: Received a utility​ bill, ​$200​, which will be paid during February. Date: Utilities Expense: Utilities Payable:

Date: Jan. 31 Utilities Expense (Debit): 200 Utilities Payable (Credit): 200 Received a utility bill due in February.