Exercise 5-2B Record cash sales with a trade discount (LO5-2) cleaning company generally charges $160 for...

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Exercise 5-2B Record cash sales with a trade discount (LO5-2) cleaning company generally charges $160 for a detailed cleaning of a normal-size home. However, to generate additional business, The cleaning company is offering a new-customer discount of 10% On May 1, an individual has the cleaning company clean her house and pays cash equal to the discounted price. Required: Record the revenue recognized by the cleaning company on May 1. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < Record the revenue recognized for the services provided with a 10% trade discount. Note: Enter debits before credits Date May 01 General Journal Debit Credit Record entry Clear entry View general journal Exercise 5-2B Record cash sales with a trade discount (LO5-2) cleaning company generally charges $160 for a detailed cleaning of a normal-size home. However, to generate additional business, The cleaning company is offering a new-customer discount of 10% On May 1, an individual has the cleaning company clean her house and pays cash equal to the discounted price. Required: Record the revenue recognized by the cleaning company on May 1. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < Record the revenue recognized for the services provided with a 10% trade discount. Note: Enter debits before credits Date May 01 General Journal Debit Credit Record entry Clear entry View general journal