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.)

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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.)

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