The following balances appeared in the books of Al-Amal Company on 01/01/2016 as follows:
Receipt notes for the collection fee of $1,000
Collection checks $500
Notes receivable $5,000
The following operations took place during the first quarter of 2016:
Collection checks $500
Notes receivable $5,000
The following operations took place during the first quarter of 2016:
Required :
Recording previous operations in the journal
Solution method:
Recording previous operations in the journal
Solution method:
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