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    Babers1980's Avatar
    Babers1980 Posts: 1, Reputation: 1
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    #1

    Jun 17, 2013, 01:22 PM
    How to journalize service revenue on account?
    I need to journalize the earning of service revenue of 52,000 on account and then an additional 38,000 in cash.. how do I do that?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Jun 19, 2013, 12:12 PM
    Debit Cash for the amount of cash received
    Debit Accounts Receivable for the amount on account
    Credit Service Revenue to the total amount
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