Question: What would be the journal entry for: A large record sale for the month was made and delivered, in addition to the items from above,

What would be the journal entry for:A large record sale for the month was made and delivered, in addition to the items from above, for $150,000 by Norm’s records. 55% of the sale was paid immediately. The remainder will be paid next month. The cost of the records sold was $39,000

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Debit Accounts Receivable Norms Records 82500 for ... View full answer

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