subject
Business, 27.04.2021 06:00 babyskitt

Daube Industries’ operations for the month of October are summarized as follows: Provided $7,200 of services on account.
Received $3,600 cash for services provided in October.
Received $1,800 cash for services to be provided in November.
Received $3,000 cash on account for service provided in September.
Paid September’s warehouse rental bill on account in the amount of $1,200.
Received October’s rental bill of $1,300; set it aside.
Required:

Prepare journal entries to record the transactions identified among activities (A) through (F).

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 17:00
Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.
Answers: 2
question
Business, 22.06.2019 19:10
Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.
Answers: 3
question
Business, 22.06.2019 20:50
You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)
Answers: 3
question
Business, 22.06.2019 22:10
Which of the following tends to result in a decrease in the selling price of houses in an area? a. an increase in the population of the city or town. b. an increase in the labor costs of construction. c. an increase in the income of new residents in the city or town. d. an increase in mortgage interest rates.
Answers: 1
You know the right answer?
Daube Industries’ operations for the month of October are summarized as follows: Provided $7,200 o...
Questions
question
Mathematics, 22.11.2019 16:31
question
Computers and Technology, 22.11.2019 16:31
question
Social Studies, 22.11.2019 16:31
question
Computers and Technology, 22.11.2019 16:31
Questions on the website: 13722363