layalii ali
Oct 23, 2009, 02:00 AM
Any help for this question?! :confused:
decisionsupport
Oct 26, 2009, 03:50 AM
Accounts Receivable $850
Fees Earned $850
decisionsupport
Oct 26, 2009, 03:53 AM
Accounts Receivable $850
Fees Earned $850
Indentation didn't work.
You will want to Debit (Dr) Accounts Receivable for $850 and Credit (Cr) Fees Earned for $850.
Once your customer pays, you will Debit (Dr) Cash and Credit (Cr) Accounts Receivable