Answer
a).
Work Step by Step
a). Cash $48000$ and Service Charge Expense $2000$
Accounting: Tools for Business Decision Making, 5th Edition
by Kimmel, Paul D.; Weygandt, Jerry J.; Kieso, Donald E.
Published by
Wiley
ISBN 10:
1118128168
ISBN 13:
978-1-11812-816-9
Chapter 8 - Reporting and Analyzing Receivables - Self-Test Questions - Page 426: 14
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