Luminous Electrical Repair performed services costing $8,000 on January 24 and invoiced the customer. Luminous received the $8,000 on January 31. Provide the journal entry on January 31 when the cash was received.
Correct Answer:
Verified
Q107: A business hired a repairman to overhaul
Q108: Real Weight Losers, a diet magazine, collected
Q109: Ursula Tax Planning Service has the following
Q110: Deborah Consultants had the following accounts and
Q111: On July 1, Alpha Company prepaid rent
Q113: Viva Inc. had bought machine X for
Q114: A business hired a repairman to overhaul
Q115: If a company fails to make an
Q117: Luminous Electrical Repair performed services costing $8,000
Q141: An adjusted trial balance does not list
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents