Horngren's Accounting (12th Edition)

12th Edition

ISBN: 9780134486444

Author: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura

Publisher: PEARSON

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Textbook Question

Chapter 4, Problem S4A.15SE

Journalizing reversing entries

Learning Objective 7 Appendix 4A

Ocean Breeze Associates accrued $8,500 of Service Revenue at December 31. Ocean Breeze Association received $14,500 on January 15, including the account revenue recorded on December 31.

Requirements

Record the adjustment entry to accrue Service Revenue.
Record the reversing entry.
Journalize the cash receipt.

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Chapter 4, Problem S4.14SE

Chapter 4, Problem E4.16E

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Chapter 4 Solutions

Horngren's Accounting (12th Edition)

Ch. 4 - Assets are listed on the balance sheet in the...Ch. 4 - Which of the following accounts would be included...Ch. 4 - Which situation indicates a net loss within the...Ch. 4 - Which of the following accounts is not closed?...Ch. 4 - What do closing entries accomplish? Learning...Ch. 4 - Which of the following is not a closing entry?...Ch. 4 - Which of the following accounts may appear on a...Ch. 4 - 8. Which of the following steps of the accounting...Ch. 4 - Clean Water Softener Systems has Cash of $600,...Ch. 4 - Which of the following statements concerning...

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