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Journalize the entry for Escobar Retailers if a customer owes the company $500 at the end of the month and Escobar charges 24% per
Journalize the entry for Escobar Retailers if a customer owes the company $500 at the end of the month and Escobar charges 24% per year to its customers who use a company-issued credit card. Accounts Receivable...............120 Interest Revenue... Interest Revenue... 120 .120 Accounts Receivable...................120 Accounts Receivable........... .10 Interest Revenue.................. .10 Interest Revenue............... .10 Accounts Receivable...................10.
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