When the revenue is usually recorded?

Recorded revenue for the 1st half month of $1350 in cash and $70 on credit.?

  • how do i put this in general journal? is it accounts receivable $70 and cash $ 1350 on debit side and revenue $ 1600 on credit side?

  • Answer:

    Debits = Credits 1,350 + 70 = 1,420

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sorry, it should be $1530 not 1350. so, is it correct?

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