Question

A business maintains subsidiary accounts for each of its customers. On May​ 15, the business provides services on​ account: $1,900 to customer J. Anthony​ ; $4,900 to customer A.​ Martin; and​ $1,300 to customer S. Lee. Which journal entry is needed to record these​ transactions?

Answer 1

The answer to the following question is that the account receivables account would be debited by the $8100 and the service revenue account would be credited by $8100.

Step-by-step explanation:

The given information -

Service provided to J. Anthony - $1900

Service provided to A.Martin - $4900

Service provided to S.Lee - $1300

JOURNAL ENTRY -

SN Particular LF Debit Credit

1 Account receivables $8100

a) J. Anthony - $1900

b) A. Martin - $4900

c) S .Lee - $1300

To Service revenue $8100

( Service provided to customers )