June:

1)Sold a house and collected a $6,000 commission.

Ans: Cash (debit)
Commission earned (credit)

2)Sold a building lot and earned a commission, $6,500. Payment is to be
received on July 8.

Ans: Accounts recievable (DR)
comission Earned (CR)

3)Received advertising bill for June, $1,200. The bill is to be paid on
July 2

Ans: Advertising Expense (DR)
Accounts Payable(CR)

can u check if the answers are correct!!! thnx^_^

For reference, here is an interesting PDF to have:

ncompass.supnet.com/manuals/rc.pdf

Looks good.

Sra

Yes, the answers provided are correct based on the information given:

1) Sold a house and collected a $6,000 commission.
- Debit: Cash
- Credit: Commission earned

2) Sold a building lot and earned a commission, $6,500. Payment is to be received on July 8.
- Debit: Accounts receivable
- Credit: Commission earned

3) Received advertising bill for June, $1,200. The bill is to be paid on July 2.
- Debit: Advertising Expense
- Credit: Accounts Payable

These entries correctly reflect the transactions and their respective effects on the accounts.

Yes, I can check if the answers are correct.

1) Sold a house and collected a $6,000 commission.
The answer you provided is partially correct. The debit entry should be Cash (debit) and the credit entry should be Commission Earned (credit). So the correct answer is:
Cash (debit)
Commission Earned (credit)

2) Sold a building lot and earned a commission, $6,500. Payment is to be received on July 8.
The answer you provided is incorrect. The debit entry should be Accounts Receivable (DR) since the payment is to be received in the future, and the credit entry should be Commission Earned (CR). So the correct answer is:
Accounts Receivable (DR)
Commission Earned (CR)

3) Received an advertising bill for June, $1,200. The bill is to be paid on July 2.
The answer you provided is partially correct. The debit entry should be Advertising Expense (DR) and the credit entry should be Accounts Payable (CR). So the correct answer is:
Advertising Expense (DR)
Accounts Payable (CR)

Overall, the answers to questions 1 and 3 are correct, but the answer to question 2 needs to be adjusted.