account ass 1 - Joseph Ngongo Accounting 10/30/2016...

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Joseph NgongoAccounting10/30/2016Assignment 31.Suppose you work summers house-sitting for people while they are away on vacation. Most ofyour customers pay you immediately after you finish a job. A few ask you to send them a bill. It isnow June 30 and you have collected $600 from cash paying customers. Your remainingcustomers owe you $1,400
2.The Michelle Cook Law Firm uses a client database. Suppose Michelle Cook paid $5,000 for acomputerR1. A)The cash account will be a credit of $ 5000 and the computer account will be debit $5000B)the cash account will credit $ 5000 and the computer account will be debit $ 5000 and

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Term
Summer
Professor
Deborah Banks
Tags
1966, 1986, 1971, Generally Accepted Accounting Principles, 1973

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