In a previous month,the business rendered services of $5,000 to a client on account.Now the business receives $5,000 cash from the client.Please provide the journal entry (debits first,credits second.)
$$\begin{array} { | l | r | r | }
\hline \quad\quad\quad&\quad&\quad \
\hline \
\hline
\end{array}$$

Question

In a previous month,the business rendered services of $5,000 to a client on account.Now the business receives $5,000 cash from the client.Please provide the journal entry (debits first,credits second.)
 $$\begin{array} { | l | r | r | } 
\hline \quad\quad\quad&\quad&\quad \
\hline \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of In a previous month,the business rendered services of $5,000 to a client on account.Now the business receives $5,000 cash from the client.Please provide the journal entry (debits first,credits second.)
 $$\begin{array} { | l | r | r | } 
\hline \quad\quad\quad&\quad&\quad \
\hline \
\hline
\end{array}$$

In a Previous Month,the Business Rendered Services of $5,000 to a Client