Complete requirement 1 by using data tables . P.S The balance sheet is May 31, 2020 The choices of "Accounts" Column are showed in second picture Requirements Requirement 1. Journalize the...


Complete requirement 1 by using data tables . P.S The balance sheet is May 31, 2020



The choices of "Accounts" Column are showed in second picture




Extracted text:
Requirements<br>Requirement 1. Journalize the transactions of Haas Consulting, Inc. (Record debits first, then credits. Explanations are not required.)<br>Begin by preparing the journal entry for transaction (a). The business received cash of $9,400 and issued common shares.<br>Journal Entry<br>i<br>Data Table<br>Accounts<br>Debit<br>Credit<br>(a)<br>During June 2020, the business completed these transactions.<br>a.<br>Received cash of $9,400 and issued common shares.<br>b.<br>Performed services for a client and received cash of $6,300.<br>С.<br>Paid $4,500 on accounts payable.<br>d.<br>Purchased supplies on account, $600.<br>е.<br>Collected cash from a customer on account, $500.<br>f.<br>Consulted on the design of a business report, and billed the client for services<br>Data Table<br>rendered, $2,900.<br>Recorded the following business expenses for the month: paid office rent, $1,400;<br>paid advertising, $500.<br>g.<br>h.<br>Declared and paid a cash dividend of $2,100.<br>Assets<br>Liabilities<br>Shareholders' Equity<br>%3D<br>Accounts<br>Accounts<br>Common<br>Retained<br>Print<br>Done<br>Cash<br>+ Receivable +<br>Supplies<br>Land<br>Payable<br>Shares<br>Earnings<br>%3D<br>Bal.<br>1,300<br>1,450<br>11,800<br>7,500<br>3,500<br>3,550<br>Print<br>Done<br>Check Answer<br>12:33 AM<br>1/26/2021<br>PgUp<br>F11<br>PgDn<br>F12<br>End<br>PrtScn<br>F8<br>Home<br>F9<br>F10<br>DII<br>F3<br>F5<br>F6<br>F7<br>F4<br>F1<br>F2<br>#3<br>3.<br>$4<br>4.<br>5 €<br>6<br>8<br>Y<br>U<br>E<br>F<br>G<br>H.<br>K<br>%3D<br>2.<br>

Extracted text: Requirements Requirement 1. Journalize the transactions of Haas Consulting, Inc. (Record debits first, then credits. Explanations are not required.) Begin by preparing the journal entry for transaction (a). The business received cash of $9,400 and issued common shares. Journal Entry i Data Table Accounts Debit Credit (a) During June 2020, the business completed these transactions. a. Received cash of $9,400 and issued common shares. b. Performed services for a client and received cash of $6,300. С. Paid $4,500 on accounts payable. d. Purchased supplies on account, $600. е. Collected cash from a customer on account, $500. f. Consulted on the design of a business report, and billed the client for services Data Table rendered, $2,900. Recorded the following business expenses for the month: paid office rent, $1,400; paid advertising, $500. g. h. Declared and paid a cash dividend of $2,100. Assets Liabilities Shareholders' Equity %3D Accounts Accounts Common Retained Print Done Cash + Receivable + Supplies Land Payable Shares Earnings %3D Bal. 1,300 1,450 11,800 7,500 3,500 3,550 Print Done Check Answer 12:33 AM 1/26/2021 PgUp F11 PgDn F12 End PrtScn F8 Home F9 F10 DII F3 F5 F6 F7 F4 F1 F2 #3 3. $4 4. 5 € 6 8 Y U E F G H. K %3D 2.

Jun 11, 2022
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