Jax Recording Studio purchased $7.800 in electronic components from Music World. ja sgned a 60-day. B...

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Jax Recording Studio purchased $7.800 in electronic components from Music World. ja sgned a 60-day. B promissory note for $7.000. Music World's journal entry to record the sales transaction OA Debit Accounts Receivable S7.000: credit Sales $7.N00 OR Debit Accounts Recelvable $7.904: credit Sales $7.904 OC Debit Notes Receivabie $7.00 credit Sales $7.00 0.Debit Notes Recelvable $7.004 credin Sales 57.004 GE Debit Notes Receivable S7.800 debit interest Receivable $104 credit Sales $7.04 Jax Recording Studio purchased $7.800 in electronic components from Music World. ja sgned a 60-day. B promissory note for $7.000. Music World's journal entry to record the sales transaction OA Debit Accounts Receivable S7.000: credit Sales $7.N00 OR Debit Accounts Recelvable $7.904: credit Sales $7.904 OC Debit Notes Receivabie $7.00 credit Sales $7.00 0.Debit Notes Recelvable $7.004 credin Sales 57.004 GE Debit Notes Receivable S7.800 debit interest Receivable $104 credit Sales $7.04

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