Ask Me Help Desk
>
Business & Careers
>
Accounting
> How to journalize service revenue on account?
Log in
View Full Version :
How to journalize service revenue on account?
Babers1980
Jun 17, 2013, 01:22 PM
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
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