If a business sends bill prior to service rendered what will be the entry e.g.
If Abc Service company sends bill on 9 march 2008 for first half of the month to a customer what will be the Journal Entry.
Regards,
![]() |
If a business sends bill prior to service rendered what will be the entry e.g.
If Abc Service company sends bill on 9 march 2008 for first half of the month to a customer what will be the Journal Entry.
Regards,
Debit Accounts Receivable for the Amount
Credit Unearned Service Revenue for the Amount
Debit Accounts Receivable for the Amount
Credit to the appropriate Revenue Account
All times are GMT -7. The time now is 05:35 AM. |