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Problem 1: Terms (3 points each, 9 points total) OCP Company provides services of $46,000 to Southeastern Water District #52 on April 12 of the
Problem 1: Terms (3 points each, 9 points total) OCP Company provides services of $46,000 to Southeastern Water District #52 on April 12 of the current year with terms 1/15, 1/60. (Each part is independent) A. Prepare the journal entry for OCP Company on April 12" B. Prepare the journal entry for OCP Company on April 2354 assuming the customer made the correct payment on that date. C. Assume the customer paid on June 10, prepare the journal entry for OCP Company
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