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Business, 29.07.2020 01:01 cesar9895

On March 12, Medical Waste Services provides services on account to Grace Hospital for $10,900, terms 3/10, n/30. Grace pays for those services on March 20. For Medical Waste Services, record the service on account on March 12 and the collection of cash on March 20.
Record service revenue on account
date general journl Debit credit
March 12
Record cash revenue on account
date general journl Debit credit
March 20

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