Essay
Luminous Electrical Inc.performed services costing $8,000 on January 24 and invoiced the customer.Luminous received the $8,000 on January 31.Provide the journal entry on January 31 when the cash was received.(Ignore explanation.)
Correct Answer:
Verified
Correct Answer:
Verified
Q17: Recipes,Inc.purchased $2,000 of supplies on account.Under the
Q27: A depreciable asset's cost minus accumulated depreciation
Q38: Which of the following assumes that financial
Q128: The following extract was taken from the
Q129: A business purchased equipment for $150,000 on
Q130: A business hired a repairman to overhaul
Q132: On March 1,2014,Nortons Inc.paid $60,000 for office
Q134: The following information is available for Able
Q138: Healthy Living,a diet magazine,collected $500,000 in subscription
Q160: The worksheet is NOT a journal,a ledger,or