November 6, 2017 Peavy signs up 14 weekly customers at a rate of...
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Accounting
November 6, 2017
Peavy signs up 14 weekly customers at a rate of $120 per week and 8 customers who will require cleaning every 2 weeks for a rate of $160 per service. Customers are to be billed on 15th of month and at end of month with a 2% cash discount if paid within 3 days of billing, otherwise, the balance is due with 10 days of billing. Cleaning will be split between Vic and Emelia equally. Weekly and bi-weekly cleaning will commence on November 16, 2017 after Mark hires employees.
What is the journal entry?
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