On June 7, Pixer Co. sells ($ 1,500) of merchandise to Jasmine Co. on account. Jasmine Co.
Question:
On June 7, Pixer Co. sells \(\$ 1,500\) of merchandise to Jasmine Co. on account. Jasmine Co. pays for this merchandise on June 21.
a. Prepare the entry on Pixer's books to record the sale.
b. Prepare the entry on Pixer's books to record the receipt of payment.
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