Question: Pace Electronics received $27, 200 from a customer toward a cash sale of $272,000 of diodes to be completed on January 16. 2017 What journal

 Pace Electronics received $27, 200 from a customer toward a cash

Pace Electronics received $27, 200 from a customer toward a cash sale of $272,000 of diodes to be completed on January 16. 2017 What journal entries should Pace record on December 12 and January 167 (If no entry is required for a transaction/event. select "No journal entry required" in the first account field.)

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