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West Electrical Company performed services of $8,000 on January 24 and invoiced the customer.West received the $8,000 on January 31.Provide the journal entry on January 31 when the cash was received.(Ignore explanation.)
Systems Software
The class of computer instructions that serve primarily as an intermediary between computer hardware and application programs; provides important self-regulatory functions for computer systems.
Price
The amount of money expected, required, or given in payment for something.
Hardware
The physical components of a computer system, such as the CPU, memory devices, and input/output devices.
Software
A set of computer programs that enable the hardware to process data.
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