: Performed services for $2,500 and billed the customer (on account).
In accounting, journal entries are the first step in the accounting cycle , recording financial transactions using (left side) and credits (right side). The fundamental rule is that total debits must always equal total credits . Practice Exercises journal-entries-exercises-with-answers
Prepare the journal entries for the following business transactions: : Performed services for $2,500 and billed the
: Performed services and received $3,000 cash immediately. : Performed services for $2
