I'm trying to check my sons accounting project for high school. His journal entry for the following I believe to be wrong:
1) sold services on account for 450.00 he has
Cr service sales for 450.00 but no debit. On the journal page
I think it should be
Cr service sales for 450.00
Dr general side for 450.00
And the ledger entries would be:
Cr accts recieveable 450
Dr sales service 450
Is this correct
I appreciate your help