a. accounts receivable had a balance of $8,100 at the beginning of the month and $3,300 at the end of the month.
Credit sales totaled $45,000 during the month. Calculate the cash collected from customers during the month, assuming that all sales were made on account?
b. the Supplies account had a balance of $17,500 at the beginning of the month and $23,300 at the end of the month. The cost of supplies used during the month was $76,100. Calculate the cost of supplies purchased during the month.
c. Wages Payable had a balance of $15,200 at the beginning of the month. During the month, $62,000 of wages were paid to employees. Wages Expense accrued during the month totaled $78,000. Calculate the balance of Wages Payable at the end of the month.
d. Prepare the journal entries for the above transactions
a. cash collected during the month would be 8,100 + 45,000 - 3,300 = 49,800 b. the cost of supplies purchased... View the full answer