How Would I Journalize This Transaction: Dec 8 Received $22,400 On Account From Warthog Company, No Discount. This Sale Was Made In November

I was thinking:Accounts Receivable 22,400 Sales 22,400I'm not sure if this is correct?


Finance invested amount for each

Monico invests a total of $25,000 in two accounts paying 8% and 14% annual interest, respectively. How much was invested in each account if, after one year, the total interest was $2,780.00. Find... more

Bank Reconciliation

Ben Luna received his bank statement with a $27.04 fee for a bounced check (Non-sufficient funds). He has an $815.75 monthly mortgage payment paid through his bank. There was also a $3.00 teller... more

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