Question: On December 12, 2018, Pace Electronics received $26,000 from a customer toward a cash sale of $260,000 of diodes to be completed on Ja..uary 16,

On December 12, 2018, Pace Electronics received $26,000 from a customer toward a cash sale of $260,000 of diodes to be completed on Ja..uary 16, 2019 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 11:32 Journal entry 2 Record the appropriate entry on December 12. Note: Enter debits before credits.

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