Twenty additional kayakers pay $3,200 ($160 each), in addition to the $5,500 that was paid in...
Twenty additional kayakers pay $3,200 ($160 each), in addition to the $5,500 that was paid in advance on July 30, on the day of the clinic. Tony conducts the first kayak clinic. What's the debit, credit and the name of the general ledger?
Homework Answers
| answer | |||
| Journal | Dr amount | Cr amount | |
| Unearned fees a/c DR | 5500 | ||
| Cash a/c DR | 3200 | ||
| Clinic fees a/c CR | 8700 | ||
| (cash and advance received against clinic fees recorded) | |||
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Twenty additional kayakers pay $3,200 ($160 each), in addition
to the $5,500 that was paid in...
Worth 20 points Saved Required information Twenty additional kayakers pay $3,600 ($180 each), in addition to...
Worth 20 points Saved Required information Twenty additional kayakers pay $3,600 ($180 each), in addition to the $6,500 that was paid in advance on July 30, on the day of the clinic. Tony conducts the first kayak clinic. Record the appropriate journal entry. Note: Enter debits before credits. Date Credit General Journal Cash Deferred Revenue Debit 3,600 Aug 10.2021 Record entry Clear entry View general journal search
Tony and Suzie graduate from college in May 2021 and begin developing their new business. They...
Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they hold their first adventure races. These races will involve four-person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor gear and develop a ropes...
Great Adventures Problem AP3-1 (GL) Tony and Suzie graduate from college in May 2021 and begin...
Great Adventures Problem AP3-1 (GL) Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four-person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor...
Required information Great Adventures Problem AP3-1 The following information applies to the questions displayed below Tony...
Required information Great Adventures Problem AP3-1 The following information applies to the questions displayed below Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four-person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail...
Tony and Suzie graduate from college in May 2021 and begin developing their new business,
Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they’ll hold their first adventure races. These races will involve four-person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor gear and develop a ropes...
dinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base,...
dinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor gear and develop a ropes course for outdoor enthusiasts. On July 1, 2021, Tony and Suzie organize their new company as a corporation,...
Tony and Suzie graduate from college in May 2018 and begin developing their new business. They...
Tony and Suzie graduate from college in May 2018 and begin
developing their new business. They begin by offering clinics for
basic outdoor activities such as mountain biking or kayaking. Upon
developing a customer base, they’ll hold their first adventure
races. These races will involve four-person teams that race from
one checkpoint to the next using a combination of kayaking,
mountain biking, orienteering, and trail running. In the long run,
they plan to sell outdoor gear and develop a ropes...
Tony and Suzie graduate from college in May 2021 and begin developing their new business. They...
Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering dinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor gear and develop a...
[The following information applies to the questions displayed below) Tony and Suzie graduate from college in...
[The following information applies to the questions displayed below) Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run,...
Tony and Suzie graduate from college in May 2021 and begin developing their new business. They...
Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering dinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor gear and develop a...
Worth 20 points Saved Required information Twenty additional kayakers pay $3,600 ($180 each), in addition to the $6,500 that was paid in advance on July 30, on the day of the clinic. Tony conducts the first kayak clinic. Record the appropriate journal entry. Note: Enter debits before credits. Date Credit General Journal Cash Deferred Revenue Debit 3,600 Aug 10.2021 Record entry Clear entry View general journal search
Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they hold their first adventure races. These races will involve four-person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor gear and develop a ropes...
Great Adventures Problem AP3-1 (GL) Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four-person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor...
Required information Great Adventures Problem AP3-1 The following information applies to the questions displayed below Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four-person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail...
dinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor gear and develop a ropes course for outdoor enthusiasts. On July 1, 2021, Tony and Suzie organize their new company as a corporation,...
Tony and Suzie graduate from college in May 2018 and begin
developing their new business. They begin by offering clinics for
basic outdoor activities such as mountain biking or kayaking. Upon
developing a customer base, they’ll hold their first adventure
races. These races will involve four-person teams that race from
one checkpoint to the next using a combination of kayaking,
mountain biking, orienteering, and trail running. In the long run,
they plan to sell outdoor gear and develop a ropes...
Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering dinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor gear and develop a...
[The following information applies to the questions displayed below) Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run,...
Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering dinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor gear and develop a...
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