LEARN MORE...

Access Millions of academic & study documents

Moe s landscaping company

Content type
User Generated
School
The East African university
Showing Page:
1/4
1
Name
Institution Affiliation
Lecturer
Unit
Date

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/4
2
Memo
To: Mr. Moe Lawner
From:
Date:
Re: The Recording Process of March 15
th
Transactions
Message
I want to take this opportunity to illustrate the steps that I undertook in the recording process
of the March 15
th
Transactions. I considered using the two most common transaction of the
company, which are:
• Billing customers for services performed.
• Payment of employees Salaries.
The transaction recorder under Billing customers for services performed is illustrated under
this section (Yusup, Padeli, & Ilamsyah, 2017). Usually, when a customer is billed for the service
performed, like in the case of the transaction that took place March 15
th
, the journal entry would
be as follows:
Account Receivable Dr. 6600
Sales Account Cr. 6600
After the billed payment is received, the journal entries for the date of receipt will be as follows:
Cash/Bank Account Dr. 6600

Sign up to view the full document!

lock_open Sign Up
Showing Page:
3/4

Sign up to view the full document!

lock_open Sign Up
End of Preview - Want to read all 4 pages?
Access Now
Unformatted Attachment Preview
1 Name Institution Affiliation Lecturer Unit Date 2 Memo To: Mr. Moe Lawner From: Date: The Recording Process of March 15th Transactions Re: Message I want to take this opportunity to illustrate the steps that I undertook in the recording process of the March 15th Transactions. I considered using the two most common transaction of the company, which are: • Billing customers for services performed. • Payment of employees Salaries. The transaction recorder under Billing customers for services performed is illustrated under this section (Yusup, Padeli, & Ilamsyah, 2017). Usually, when a customer is billed for the service performed, like in the case of the transaction that took place March 15th, the journal entry would be as follows: Account Receivable Dr. 6600 Sales Account Cr. 6600 After the billed payment is received, the journal entries for the date of receipt will be as follows: Cash/Bank Account Dr. 6600 3 Accounts Receivable Cr. 6600 Under the transactions recorded on the payment of employee salary, the journal entry would be as follows: Salary Account Dr. 2200 Cash Account Cr. 2200. Therefore, the above illustration is the transactions during March 15th in M ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Studypool
4.7
Indeed
4.5
Sitejabber
4.4

Similar Documents

One paper story!
Create an imaginary story where you went to a hiring agent who helped you fix your resume and connected you to great peopl...
Create a Financial Analysis on 2 well known publicly-traded companies
Select the link to access the Discussion Board. Select 2 well known, publicly-traded companies that compete in the same in...
Math Autobiography
math autobiography...
History final
Question Choices(Choose and write on just One):A) On what grounds, moral and practical, did Martin Luther King argue that ...
FSU Dispute Resolution in Construction Contracts Paper
A legal research paper of at least 20 pages of text (including references) is prepared on a commercial law topic selected ...
Risk Analysis,
Class, I appreciate your participation in this forum. For this forum, create an original post addressing the topic(s) bel...
Module 1 precise levelling final
PRECISE LEVELLING levelling where the greatest possible accuracy is Plane and Geodetic Surveying for Engineer's VOL 2 by D...
5 sentence type with poem type examples
Out of 27 sentence types presented by Miss Candol and Miss Labsog, choose 5 andexplain using your own words; provide an ex...
9708 s18 qp 23
An answer booklet is provided inside this question paper. You should follow the instructions on the front cover of the ans...