Homework Assignment 2 New 0.14/1 II! Question 13 of 13 On September 1, Sheridan Company...
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Homework Assignment 2 New 0.14/1 II! Question 13 of 13 On September 1, Sheridan Company has the following accounts and account balances: Cash $19.100, Accounts Receivable $2.200, Supplies $2,090, Accounts Payable $1,100, Uneared Revenue 51,760 Owner's Capital $17,560, Service Revenue $4.510, and Sataries Expense $1.540 During the month of September, the bookkeeper for Sheridan Company created the following journal entries: 1.320 1 1.320 770 2 770 Cash Service Revenue To record cash received from services performed) Salaries Expense Cash (Paid salaries to date.) Accounts Payable Cash Pald creditors on account.) Cash Accounts Receivable (Received cash in payment of account) 220 3 220 1.100 1.100 5. 1,320 1,320 Unearned Revenue Service Revenue (Provided services.) Supplies Accounts Payable (To record supplies purchased on account.) 6. 1,100 1.100 Create accounts and post the opening balances Cash Sept. 1 Accounts Receivable (1) I Supplies 121 Salaries Expense (3) Accounts Payable Unearned Revenue (5) Onwer's Capital (6) Service Revenue Sept. 30 Bal
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