Data Table ASSETS Current 1300 28200 37000 5200 71700 6000 2

Data Table ASSETS Current: 1,300 28,200 37,000 5,200 71,700 6,000 28,000 S 105,700 Cash Accounts receivable Inventories Other current assets Total current assets Property and equipment, net Other assets Total assets LIABILITIES Total current liabilities Long-term liabilities Total liabilities S 53,000 12,500 65,500 STOCKHOLDERS\' EQUITY Common stock Retained earnings Total stockholders\' equity 27,000 13,200 40,200 S 105,700 Total liabilities and stockholders\' equity Print Done

Solution

Answer:

Date

Description

Debit $

Credit $

21

Cash

45000

Account receivable

60,000

Service Revenue
(45000+60,000)

105,000

(To record the service revenue)

Date	Description	Debit $	Credit $
21	Cash	45000
	Account receivable	60,000
	Service Revenue (45000+60,000)		105,000
	(To record the service revenue)