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(c) An order was received from a customer on 20 June, 2015 for goods with an invoice value of RM15,000. Payment for the order was
(c) An order was received from a customer on 20 June, 2015 for goods with an invoice value of RM15,000. Payment for the order was received on 25 June, 2015. The goods were shipped on 5 July, 2015. Journal entry to recognize sales revenue was made on 25 June, 2015 as follows: Dr Cash RM 15,000 RM Cr Sales revenue 15,000
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