Gloria Catering provided $1,000 of catering services and billed its client for the amount owed. Determine the general journal entry that Gloria Catering will make to record this transaction.

Respuesta :

The general journal entry that Gloria Catering will make to record this transaction is: Debit  Accounts receivable $1000; Credit Catering revenue $1000.

Journal entry

Assuming Gloria Catering provided the amount of $1,000 of catering services and billed its client for the amount owed. The appropriate journal entry to record this transaction is :

Gloria Catering Journal entry

Debit  Accounts receivable $1000

Credit Catering revenue $1000

(To record account receivable)

Inconclusion the general journal entry that Gloria Catering will make to record this transaction is: Debit  Accounts receivable $1000; Credit Catering revenue $1000.

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