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-   -   Provided repair service on account to customer $850 (https://www.askmehelpdesk.com/showthread.php?t=408843)

  • Oct 23, 2009, 02:00 AM
    layalii ali
    Provided repair service on account to customer $850
    Any help for this question?! :confused:
  • Oct 26, 2009, 03:50 AM
    decisionsupport

    Accounts Receivable $850
    Fees Earned $850
  • Oct 26, 2009, 03:53 AM
    decisionsupport
    Quote:
    Originally Posted by decisionsupport View Post
    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

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