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Merry Maidens Cleaning generally charges $210 for a detailed cleaning of a normal-size home. However, to generate additional business, Merry Maidens is offering a new-customer
Merry Maidens Cleaning generally charges $210 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. 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 General Journal Debit Credit Dato May 01 Record entry Clear entry View general Journal On March 12, Medical Waste Services provides services on account to Grace Hospital for $9,700, terms 2/10,n/30. Grace pays for those services on March 20. Required: For Medical Waste Services, record the service on account on March 12 and the collection of cash on March 20. (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
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