Question: On July 2, 2017, Efficient Energy Services performed an energy audit for an industrial client and earned $4,000 of revenue on account. On July 14,

On July 2, 2017, Efficient Energy Services performed an energy audit for an industrial client and earned $4,000 of revenue on account. On July 14, 2017, the company received a cheque for the entire amount.
Required
1. Journalize the two transactions on the sixth page of the journal. Include an explanation for each transaction.
2. Create the Accounts Receivable three-column ledger and post the two transactions. The account number for Accounts Receivable is 12001.

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