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Suppose Casey Title Company normally charges $500 for services related to selling a house. As part of a summer special, Casey offers customers a trade
Suppose Casey Title Company normally charges $500 for services related to selling a house. As part of a summer special, Casey offers customers a trade discount of 15\%. On July 9, Linda Holmes uses the services of Casey and pays cash equal to the discounted price, Record the revenue recognized by Casey on July 9. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the revenue recognized by Casey on July 9. Noce: Enter debits before credits
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