Question
On March 12, Medical Waste Services provides services on account to Grace Hospital for $10.700, terms 2/10, n/30. Grace pays for those services on March
On March 12, Medical Waste Services provides services on account to Grace Hospital for $10.700, 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 transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 Record the service revenue on account. Note: Enter debits before credits, Date March 12 General Journal Debit Credit View general journal Record entry Clear entry On March 12, Medical Waste Services provides services on account to Grace Hospital for $10,700, 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 transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet
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