Required A Required B Prepare journal entries to record the transactions identified among activities (A) through (F). (If no transaction/event, select "No Journal Entry Required" in the first account...

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Extracted text: Required A Required B Prepare journal entries to record the transactions identified among activities (A) through (F). (If no transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 3 4 5 6 Record the entry to provide $2,500 of services on account. Note: Enter debits before credits. Transactions General Journal Debit Credit A Record entry Clear entry View general journal 2.


Extracted text: Daube Industries' operations for the month of October are summarized as follows: A. Provided $2,500 of services in October on account. B. Received $2,000 cash from customers for services provided in October. C. Received $500 cash for services to be provided in November. D. Received $1,500 cash from customers on account for services provided in September. E. Paid September's warehouse rental bill on account in the amount of $500. F. Received October's warehouse rental bill of $750; set it aside to be paid at a later date. Required: a. Prepare journal entries to record the transactions identified among activities (A) through (F). b. Calculate the Net Income.