Journal entry worksheet Record the sale of a franchise to Dan Perkins on July 1, 2018. Note: Enter debits before credits. Date General Journal Debit Credit July 01, 2018 Record entry Clear entry View general journal How much revenue would Monitor recognize in the year ended December 31, 2018, with respect to its franchise arrangement with Perkins? (Ignore any interest on the note receivable.) Do not round intermediate calculations.) Total revenue