Luminous Electrical, Inc. performed services of $8,000 on Ja

Luminous Electrical, Inc. performed services of $8,000 on January 24 and invoiced the customer. Luminous received the $8,000 on January 31. Provide the journal entry on January 24 when services were performed. (Ignore explanation.)

What will be an ideal response

ANSWER

Accounts Receivable 8,000
Service Revenue 8,000

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