Please make the following journal entries. For the entry on 01/23/18, is this ev

Question

Please make the following journal entries. For the entry on 01/23/18, is this even recorded? If so, what account name does the deposit go under out of the options available shown in the photo?

01/23/18. Received payment in full from Sue’s Junior Symphony and Ensemble. The payment was deposited in the bank. Current Assets 10000 11000 12000 12100 13100 Cash Accounts Receivable Inventory-Guitars Inventory- Violins 39003Common Stock 39005 Retained Earnings 39007 Dividends Supplies (string, pics, resin) 13200 Shipping Supplies Revenue 18000 Prepaid Rent 40000 Sales 18100 Prepaid Insurance 18200 Long-Term Assets Expenses Computer Equipment Accumulated Depreciation -Computer Equipment Delivery Van Accumulated Depreciation-Delivery Van 15000 50000Cost of Goods Sold 60100 Legal Expense 60150Supplies Expense 60200Shipping Supplies Expense 60300 60350 60400 60500 Advertising and Promotion 17000 15100 17100 Insurance Expense Wages Expense Credit Card Expense Current Liabilities Accounts Payable Note Payable- Wells Fargo Bank Note Payable- Office Mart 60550 60600 60650 Depreciation Expense-Computer Expense Utility Expense Rent Expense 21200No 23100 Wages Payable 23200 Interest Payable 60675 Depreciation Expense-Van 60700 Interest Expense Sales Tax Payable 60750 Bank Service Fee 23400Utilities Payable Long-Term Liabilities 27000 27100 Mortgage Payable Notes Payable

Explanation / Answer

Journal Entries: Date Accounts title and explanations Debit $ Credit $ 18-Jan Accounts receivable Dr. 8303         Sales revenue 7670          Sales tax payable 633 18-Jan Cost of goods sold Dr. 4600     Accounts receivable 4600 23-Jan Cash Account Dr. 8303       Account receivable 8303

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