Question:

Accounting Homework = (?

by Guest60591  |  earlier

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I have a question about my homework. I have to do a journal entry. And it says that the company billed their customers for 75,000 on sep 19 but on sep 30 they received 30,000 from the customers billed on the 19. How do I put that in my journal entry to make the two balance come out even on each side. Please Help Me

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  1. sep 19:

    DR - Accounts Receivable 75,000

    CR - Sales 75,000

    sep 30:

    DR - Cash 30,000

    CR - Accounts Receivable 30,000

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