On March 12, Medical Waste Services provides services on account to Grace Hospital for $10,900, terms 3/10, n/30. Grace pays for those services on March 20.

For Medical Waste Services, record the service on account on March 12 and the collection of cash on March 20.

Record service revenue on account

date	general journl	Debit	credit
March 12

Record cash revenue on account

date	general journl	Debit	credit
March 20

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