Selected transactions for Montes Company are presented below in journal form (without explanations). Date May 5 12 15 5/5 5/5 5/15 Account Title Accounts Receivable Service Revenue Cash Accounts Receivable Cash Service Revenue 1600 2000 Debit Credit 3,800 Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.) 3800 1,600 2,000 Cash 3,800 1,600 Accounts Receivable 5/5 2,000 1600

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Selected transactions for Montes Company are presented below in journal form (without explanations).
Date
May 5
12
15
5/5
5/5
5/15
Account Title
Accounts Receivable
Service Revenue
Cash
Accounts Receivable
Cash
Service Revenue
1600
2000
Debit
3,800
3800
1,600
Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.)
2,000
Cash
Credit
5/5
3,800
1,600
Accounts Receivable
2,000
1600
Transcribed Image Text:Selected transactions for Montes Company are presented below in journal form (without explanations). Date May 5 12 15 5/5 5/5 5/15 Account Title Accounts Receivable Service Revenue Cash Accounts Receivable Cash Service Revenue 1600 2000 Debit 3,800 3800 1,600 Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.) 2,000 Cash Credit 5/5 3,800 1,600 Accounts Receivable 2,000 1600
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