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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