A business maintains subsidiary accounts for each of its customers. On May 15, the business sells services on account: $2,500 to customer J. Simmons; $4,100 to customer A. Jones; and $1,300 to customer J. Williams. Which journal entry is needed to record this sales transaction?

Question

Quizplus · Accepted Answer

The Answer of A business maintains subsidiary accounts for each of its customers. On May 15, the business sells services on account: $2,500 to customer J. Simmons; $4,100 to customer A. Jones; and $1,300 to customer J. Williams. Which journal entry is needed to record this sales transaction?

A Business Maintains Subsidiary Accounts for Each of Its Customers