Daube Industries' operations for the month of October are summarized as follows:
A. Provided $2,500 of services on account.
B. Received $2,000 cash for services provided in October.
C. Received $500 cash for services to be provided in November.
D. Received $1,500 cash on account for service provided in September.
E. Paid September's warehouse rental bill on account in the amount of $500.
F. Received October's rental bill of $750; set it aside.
Required:Prepare journal entries to record the transactions identified among activities (A) through (F).
| A | Accounts Receivable | 2,500 | ? |
| ? | Service Revenue | ? | 2,500 |
| ? | ? | ? | ? |
| B | Cash | 2,000 | ? |
| ? | Service Revenue | ? | 2,000 |
| ? | ? | ? | ? |
| C | Cash | 500 | ? |
| ? | Deferred Revenue | ? | 500 |
| ? | ? | ? | ? |
| D | Cash | 1,500 | ? |
| ? | Accounts Receivable | ? | 1,500 |
| ? | ? | ? | ? |
| E | Accounts Payable | 500 | ? |
| ? | Cash | ? | 500 |
| ? | ? | ? | ? |
| F | Rent Expense | 750 | ? |
| ? | Accounts Payable | ? | 750 |
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