Question

Moe's Landscaping company offers lawn maintenance services. Two frequent transactions for the company are billing customers for services performed and paying employee salaries. For example, on March 15, bills totaling $6,600 were sent to customers and $2,200 was paid in salaries to employees. Instructions: Write a memo to Mr. Moe Lawner that explains and illustrates the steps in the recording process for each of the March 15 transactions. Use the format illustrated in the textbook under the heading, "The Recording Process Illustrated". Please find attached the format illustrated

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Answer 1

Page-1 Answer:- Moe's Landscaping company offers lown maintenance services. Two frequent transactions for the company are billing customers for services performed and paying employee salaries . *The steps for recooding the process of the two most common transactions of the company : a) Billing customers for service performed: - When the customers are billed for the Services performed on March is the journal entry on march 15 bea * Accounts receivables Do. 6600 * To sales 6600 when the payments for such bills is received, the journal entry on the date of receipt would be: * Cash / bank Dr. 6600 * To accounts receivables 6600

page-2 paid on March b) Payment of Employee salaries: when the employees salaries are 15, the journal entry would be: Salary A/c Do, 2200 To cash 2200 O you are Please satisfied give a with positive rate if this answer..