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On December 12, 2018, Pace Electronics received $25,200 from a customer toward a cash sale of $252,000 of diodes to be completed on January 16,

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On December 12, 2018, Pace Electronics received $25,200 from a customer toward a cash sale of $252,000 of diodes to be completed on January 16, 2019. What journal entries should Pace record on December 12 and January 16? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the appropriate entry on January 16. Note: Enter debits before credits. Debit Date General Journal Credit January 16, 2019 Clear entry Record entry View general journal

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