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Merry Maidens Cleaning generally charges $140 for a detailed cleaning of a normal-size home. However, to generate additional business, Merry Maidens is offering a
Merry Maidens Cleaning generally charges $140 for a detailed cleaning of a normal-size home. However, to generate additional business, Merry Maidens is offering a new-customer discount of 10%. On May 1, Ms. E. Pearson has Merry Maidens clean her house and pays cash equal to the discounted price. Required: Record the revenue recognized by Merry Maidens Cleaning 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 1 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 < Prev 1 of 7 Next >
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