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Posted by on Saturday, August 23, 2008 at 7:22pm.

How do I journalize this on my manual form?

Sold DJ service on account to JJ's Dance Club, $500.00. S2.


  • Journalizing Accounting - , Wednesday, August 27, 2008 at 12:00am

    You should:

    *debit your accounts receivable for $500
    *credit the appropriate revenue account for $500 (revenue accounts lie in the stockholder's equity portion of the balance sheet and makes up the net income)

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