How do I make journal entries.
A country club rented the greens to a golf team to play a tournament on Dec 30. The 1,800 owed by the team for the green fees has not been recorded or billed.
This same country club entered into an agreement to host another golf tournament for Florida Seniors Golf association. The country club will generate green fees of 4,500 from this event...
Would I
Greens fees revenue earned... debit
Greens fees receivable... credit
/I am a very green beginner in accounting and its pulverizing me!!
JoAnn