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Squeaky Shine provides car washing services in Jersey City, New Jersey A three-month pass f car wash sells for $50, which entitles the customer for
Squeaky Shine provides car washing services in Jersey City, New Jersey A three-month pass f car wash sells for $50, which entitles the customer for an unlimited number of car washes during the contract period. Squeaky Shine estimates that pass holders wash their cars equally throughout the three- month period. On December 1st, customers purchased $1,320 of the three-month passes, with purchases of the passes occurring evenly throughout December Shine provides car washing services in Jersey Cifty, New Jersey A three-month pass for automatic of the passes occurring evenly throughout Required 1. Prepare the journal entries that Squeaky Shine would record on December 1 and on December 31 2016, with respect to this transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) View transaction list Journal entry worksheet Record the cash transaction on December 31, 2016. Note: Enter debits before credits Date General Journal Debit Credit December 31 Record entry Clear entry View general journal Highjight All Matgh Case Whole Words 1 of 1 match
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