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On December 15, 2019, Peaceful Living Inc. received $200 cash from a customer in advance for two rounds of bug spraying services, which took place

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On December 15, 2019, Peaceful Living Inc. received $200 cash from a customer in advance for two rounds of bug spraying services, which took place on December 31, 2019, and January 31, 2020. Required a) Record the cash receipt transaction on December 15, 2019. Date Account Title and Explanation PR Debit Credit ) Record any necessary adjusting entries on December 31, 2019. Date Account Title and Explanation PR Debit Credit

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