Question: On December 1 2 , 2 0 2 1 , Pace Electronics received $ 2 2 , 0 0 0 from a customer toward a

On December 12,2021, Pace Electronics received $22,000 from a customer toward a cash sale of $220,000 of diodes to be completed on January 16,2022.
What journal entries should Pace record on December 12 and January 16?(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

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