Question: On December 12, 2016, Pace Electronics received S26,200 from a customer toward a cash sale of $262,000 of diodes to be completed on January 16,

 On December 12, 2016, Pace Electronics received S26,200 from a customertoward a cash sale of $262,000 of diodes to be completed on

On December 12, 2016, Pace Electronics received S26,200 from a customer toward a cash sale of $262,000 of diodes to be completed on January 16, 2017 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.) View transaction list Journal entry worksheet Record the appropriate entry on December 12. Note: Enter debits before credits. Date General Journal Debit Credit December 12, 2016 Record entry Clear entry View general journal

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