Answer:
See answers below in the explanation
Explanation:
Journal Entries :
Journals
<u>Date Account and Explanation Debit Credit
</u>
a Accounts receivable 210300
Service Revenue 210300
(Record earned revenue)
Cash 62300
Service Revenue* 62300
(Record earned revenue)
b cash 199100
accounts receivable** 199100
(Record collection Account)
*$41000+$20500=$62300
**$4400+$210300-$$15600=$199100
c Supplies 62900
Accounts Payable 62900
(record purchase of supplies on credit)
d Supplies 7400
Cash 7400
(record purchase of supplies
e Wages Payable 14200
Cash 14200
Record Payment of previous wages
Wages Expenses 112000
Cash 112000
(Record Payment to Employees)
f Income Tax payable 15100
cash 15100
(Record Payment of Income taxes
g Accounts Payable 73000
cash 73000
(record payment of account)
h Interest Expense 2700
Interest Payable 2700
Cash*** 5400
(Record Payment of Interest)
i No journal entry required
j Property Taxes Expense 17000
cash 17000
(Record payment of property taxes)
k Dividends 7200
Cash 7200
(Record Payment of dividends)
*** $60000*9%=$5400