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What would the journal entry be for this transaction

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Question - Background information: Preston hill, a local B & B, arrange with Graces Diner to provide breakfast for their guest at $10 per person per day. Graces Diner bills the B & B at the end of each month for the meals provided. Payment is required by the 10th of the next month.

What would the journal entry be for this transaction: March 9, 2020: Received payment from Preston Ridge B & B for the month of February 2020?

Reference no: EM132680779

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