Respuesta :
The journal entry to record this invoice is :
Date Particulars Debit $ Credit$
July 1 Accounts receivables 44100
To Service revenue 42000
To GST Payable 2100
(To record amount billed to customer)
Magazine access is a document of a commercial enterprise transaction in your commercial enterprise books. In double-entry bookkeeping, you make at least two journal entries for every transaction. because a transaction can create lots of adjustments in a commercial enterprise, a bookkeeper tracks all of them with journal entries.
Magazine access is the act of maintaining or making records of any transactions either financial or non-economic. Transactions are listed in an accounting magazine that indicates a company's debit and credit score balances. The journal entry can encompass numerous recordings, every of that's both a debit or a credit.
An example of a journal entry includes the acquisition of equipment by using us of a wherein the equipment account might be debited, and the cash account may be credited.
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Question: How to record this in the invoice
West College
3880 29 Street NE
CALGARY, ALBERTA, T1Y6B6
TO: Limerick Corp. INVOICE 12-1
2 3880 34 St NW
East Brook, Alberta, July 1, 20XX
Attention: IIene Curan
21 Sessions Scheduled for July $ 42,000.00
G.S.T $ 2,100.00
Due to this invoice $ 44,100.00
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