3 years ago

ASsume the following information:

Business

1 answer:

Dmitriy789 [7]3 years ago

8 0

Explanation:

The Journal entry is shown below:-

1. Accounts receivable Dr, $938,000

To Sales revenue $938,000

(Being Sales on account is recorded)

2. Cash Dr, $915,000

To accounts receivable $915,000

(Being collection of accounts receivable is recorded)

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