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The following transactions July activities of Bill's Extreme Bowling, Inc.,

Question : The following transactions July activities of Bill's Extreme Bowling, Inc., : 2436

The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates severa bowling centers

a. Bill's collected S16,400 from customers for services related to games played in July.

b. Bill's billed a customer for $405 for a party held at the center on the last day of July. The bill is to be paid in August.

c. The men's and women's bowling leagues gave Bills advance payments totaling $1,550 for the fall season that starts in September

d. Bill's received $1,700 from credit sales made to customers last month (in June)

Prepare journal entries to record the above transactions. (If no entry is required for a transactionlevent, select "No Journal Entry Required" in the first account field.) Journal Entry Worksheet Record the collection of $16,400 from customers for services related to games played in July. Debit Transaction General Journal Credit "Enter debits before credits Record the entry for billing a customer for s405 for a party held at the center on the last day of July. The bill is to be paid in August. Transaction General Journal Debit Credit *Enter debits before credits Record the advance payments made by the men's and women's bowling leagues totaling $1,550 for the fall season that starts in September. Transaction General Journal Debit Credit *Enter debits before credits Record the receipt of $1,700 from credit sales made to customers last month (in June) Debit Transaction General Journal Credit Enter debits before credits

 

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