Question
On the last day March, a company collects $8,000 cash from customers. Of that amount, $1,000 was for services performed and $7,000 were for payments
On the last day March, a company collects $8,000 cash from customers. Of that amount, $1,000 was for services performed and $7,000 were for payments on account. The journal entry to record the receipt of $8,000 cash would include a debit to:
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Algorithm Audit Why What And How
Authors: Biagio Aragona
1st Edition
0367530929, 978-0367530921
