For each of the following transactions, indicate which account(s) would be debit
ID: 2344945 • Letter: F
Question
For each of the following transactions, indicate which account(s) would be debited and credited in ajob order costing systemfor a desert landscaping business:
1. Charged customer for landscape design SelectDr. Accounts Payable, Cr. Materials InventoryDr. Accounts Receivable, Cr. Revenues from Landscaping ServicesDr. Cash, Cr. Wages ExpenseDr. Materials Inventory, Cr. Accounts PayableDr. Equipment Rental Expense, Cr. CashDr. Cash, Cr. Equipment Rental ExpenseDr. Wages Expense, Cr. CashDr. Revenues from Landscaping Services, Cr. Accounts ReceivableItem 1 2. Purchased cactus plants and gravel on credit for one job SelectDr. Accounts Payable, Cr. Materials InventoryDr. Accounts Receivable, Cr. Revenues from Landscaping ServicesDr. Cash, Cr. Wages ExpenseDr. Materials Inventory, Cr. Accounts PayableDr. Equipment Rental Expense, Cr. CashDr. Cash, Cr. Equipment Rental ExpenseDr. Wages Expense, Cr. CashDr. Revenues from Landscaping Services, Cr. Accounts ReceivableItem 2 3. Paid three employees to prepare soil for gravel SelectDr. Accounts Payable, Cr. Materials InventoryDr. Accounts Receivable, Cr. Revenues from Landscaping ServicesDr. Cash, Cr. Wages ExpenseDr. Materials Inventory, Cr. Accounts PayableDr. Equipment Rental Expense, Cr. CashDr. Cash, Cr. Equipment Rental ExpenseDr. Wages Expense, Cr. CashDr. Revenues from Landscaping Services, Cr. Accounts ReceivableItem 3 4. Paid for rental equipment to move gravel to job site SelectDr. Accounts Payable, Cr. Materials InventoryDr. Accounts Receivable, Cr. Revenues from Landscaping ServicesDr. Cash, Cr. Wages ExpenseDr. Materials Inventory, Cr. Accounts PayableDr. Equipment Rental Expense, Cr. CashDr. Cash, Cr. Equipment Rental ExpenseDr. Wages Expense, Cr. CashDr. Revenues from Landscaping Services, Cr. Accounts ReceivableItem 4
Explanation / Answer
Charged customer for landscape design: Dr. Accounts receivable Cr. Revenues from landscaping services Purchased cactus plants and gravel on credit for one job: Dr. Materials inventory Cr.Accounts payable Paid three employees to prepare soil for gravel Dr. Wages expense Cr. Cash Paid for rental equipment to move gravel to job site Dr. Equipment rental expense Cr. Cash
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