Selected transactions for Y. K. Catering are presented in journal form below. Post the transactions to T accounts.
Date
|
Account Titles and Explanation
|
Ref.
|
Debit
|
Credit
|
May 10 |
Accounts Receivable |
|
7,200 |
|
|
Service Revenue |
|
|
7,200 |
15 |
Cash |
|
5,500 |
|
|
Accounts Receivable |
|
|
5,500 |
20 |
Cash |
|
2,500 |
|
|
Service Revenue |
|
|
2,500 |