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  • Global Services Company Had The Following Transactions During The Month

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    Muhammad Shahid
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    Global Services Company issued four invoices in August for services rendered to various companies, totaling $1,725.73 in revenue. They also collected a $425.30 payment from Morgan Corp. The total amount posted to accounts receivable and fees earned was $1,725.73. The ending balance in the Morgan Corp. customer account was $350.22 assuming a zero starting balance.

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    Global Services Company Had the Following Transactions During the Month

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    Global Services Company issued four invoices in August for services rendered to various companies, totaling $1,725.73 in revenue. They also collected a $425.30 payment from Morgan Corp. The total amount posted to accounts receivable and fees earned was $1,725.73. The ending balance in the Morgan Corp. customer account was $350.22 assuming a zero starting balance.

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    21 views1 page

    Global Services Company Had The Following Transactions During The Month

    Uploaded by

    Muhammad Shahid
    Global Services Company issued four invoices in August for services rendered to various companies, totaling $1,725.73 in revenue. They also collected a $425.30 payment from Morgan Corp. The total amount posted to accounts receivable and fees earned was $1,725.73. The ending balance in the Morgan Corp. customer account was $350.22 assuming a zero starting balance.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Global Services Company had the following transactions

    during the month #6899


    Global Services Company had the following transactions during the month of August:Aug. 2.
    Issued Invoice No. 321 to Morgan Corp. for services rendered on account, $425.3. Issued
    Invoice No. 322 to Mid States Inc. for services rendered on account, $260.14. Issued Invoice
    No. 323 to Morgan Corp. for services rendered on account, $350.22. Issued Invoice No. 324 to
    Rose Co. for services rendered on account, $690.28. Collected Invoice No. 321 from Morgan
    Corp.a. Record the August revenue transactions for Global Services Company into the following
    revenue journal format:b. What is the total amount posted to the accounts receivable and fees
    earned accounts from the revenue journal for August?c. What is the August 31 balance of the
    Morgan Corp. customer account assuming a zero balance on August 1?View Solution:
    Global Services Company had the following transactions during the month

    ANSWER
    http://paperinstant.com/downloads/global-services-company-had-the-following-transactions-
    during-the-month/

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