Having trouble setting up journal entries

Assignment Help Financial Accounting

Reference no: EM13755645

Having trouble setting up journal entries, I know accounts recievable would be increasing and sales discounts would be be credited? Would much appreciate some help.

December 5

Received a check for $9,800 as payment in full of the November 20 invoice totaling $10,000. Clinker’s Plumbing (10760) is paying invoice number U1998 within the discount period.

Reference no: EM13755645

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Having trouble setting up journal entries : Having trouble setting up journal entries, I know accounts recievable would be increasing and sales discounts would be be credited? Would much appreciate some help.

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