On December 15, 2024, Surf Clinic provided services to a customer on account for $4,000 with discount
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Question:
On December 15, 2024, Surf Clinic provided services to a customer on account for $4,000 with discount terms (credit terms) 2/10, n/30. Assume the customer pays the clinic the correct amount on January 13, 2025. What journal entry should the clinic make to record the collection of cash on January 13, 2025?
Related Book For
Accounting Principles Volume 1
ISBN: 9781119786818
9th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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