Question: On December 12, 2021, Pace Electronics received $43,200 from a customer toward a cash sale of $432,000 of diodes to be completed on January 16,

On December 12, 2021, Pace Electronics received $43,200 from a customer toward a cash sale of $432,000 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.) 1 Record the appropriate entry on December 12. Note: Enter debits before credits. Date December 12, 2021 General Journal Debit Credit > Journal entry worksheet < 2 Record the appropriate entry on January 16. Note: Enter debits before credits. Date January 16, 2022 General Journal Debit Credit

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