General Journl
On January 15, 2016, Bravo Company billed a customer for $30,000 of services rendered to be collected at a later date. Prepare the general journal entry (without explanation) needed. If no entry is required then write "No Entry Required."
On January 31, 2016, Bravo Company collected $33,500 from a customer, previously billed, for services rendered. Prepare the general journal entry (without explanation) needed. If no entry is required then write "No Entry Required."