on January 1, GGC mowed lawns for customers and recieved 3,000 dollars in cash. Make a...
on January 1, GGC mowed lawns for customers and recieved 3,000 dollars in cash. Make a journal entry?
Homework Answers
Journal entry to record the cash recieved from customers for mowing lawns
Here, mowing lands for customers is considered as a service by GGC and any cash recieved as a consideration for service is service revenue.
| Date | General Journal | Debit | Credit |
| Jan 1 | Cash | $3000 | |
| To Service revenue | $3000 | ||
| (To record the revenue) |
_____×_____
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