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?
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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?
Debit Cash for the amount of cash received
Debit Accounts Receivable for the amount on account
Credit Service Revenue to the total amount
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