The following selected transactions for Concord Bryce Company are presented in journal form. Date May 5 12 Account Titles and Explanation Accounts Receivable Service Revenue (Billed for services performed) Cash Accounts Receivable (Received cash in payment of account) 15 Cash Service Revenue Ref. Debit 5,100 4,600 3,200 J1 Credit 5,100 4,600 3,200

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter10: Accounting For Sales And Cash Receipts
Section: Chapter Questions
Problem 7SEB: JOURNALIZING SALES RETURNS AND ALLOWANCES Enter the following transactions starting on page 60 of a...
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Please do not give image format I need help with what to put on the credit side of the accounts receivable. I was using a different question for reference and it came up as incorrect?
The following selected transactions for Concord Bryce Company are presented in journal form.
Date
May 5
Account Titles and Explanation
15
Accounts Receivable
Service Revenue
(Billed for services performed)
12 Cash
Accounts Receivable
(Received cash in payment of account)
Cash
Service Revenue
Ref.
Debit
5,100
4,600
3,200
J1
Credit
5,100
4,600
3,200
Transcribed Image Text:The following selected transactions for Concord Bryce Company are presented in journal form. Date May 5 Account Titles and Explanation 15 Accounts Receivable Service Revenue (Billed for services performed) 12 Cash Accounts Receivable (Received cash in payment of account) Cash Service Revenue Ref. Debit 5,100 4,600 3,200 J1 Credit 5,100 4,600 3,200
5/12
5/15
Ending Bal.
5/5
Ending Bal.
4,600
3,200
7,800
Accounts Receivable
5,100
500
5/12
5/12
Service Revenue
5/5
5/15
Ending Bal.
4,600
5,100
3,200
8,300
Transcribed Image Text:5/12 5/15 Ending Bal. 5/5 Ending Bal. 4,600 3,200 7,800 Accounts Receivable 5,100 500 5/12 5/12 Service Revenue 5/5 5/15 Ending Bal. 4,600 5,100 3,200 8,300
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