7 3 Analyze and Journalize Transactions Using Special Journals Principles of Accounting, Volume 1: Financial Accounting
The new entry is recorded under the Jan 10 record, posted to the Service Revenue T-account on the credit side. Like in a cash sales journal entry, you likely also will deal with sales tax. To create a sales journal entry, you must debit and credit the appropriate accounts. Your end debit balance should equal […]