Question: journal entry Is this correct? If not, make the correcting entry. 12/3 Account Receivable Sale 12/15 Cash Sale Is this correct? If not, make the

journal entry Is this correct? If not, make the correcting entry.

journal entry

Is this correct? If not, make the correcting entry. 12/3 Account Receivable Sale 12/15 Cash Sale Is this correct? If not, make the correcting entry. 3. On 12/15, Received a payment from XYZ company of 595 for a previous sale. The business made the following Journal Entry: 12/15 Cash 1000 Accounting Receivable 595 1000 955 1000 595 955

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