Question
On December 12, 2021, Pace Electronics received $35,600 from a customer toward a cash sale of $356,000 of diodes to be completed on January 16,
On December 12, 2021, Pace Electronics received $35,600 from a customer toward a cash sale of $356,000 of diodes to be completed on January 16, 2022. What journal entries should Pace record on December 12 and January 16?
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Intermediate Accounting Reporting And Analysis, 2017 Update
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd Edition
1337505625, 9781337505628
