I need to know how to properly write this out onto the General Journal. I am confused about the initial payment now and then the rest of the payment later. Do I log the later payment under AR since it

I need to know how to properly write this out onto the General Journal. I am confused about the initial payment now and then the rest of the payment later. Do I log the later payment under AR since it is 30 days from now?

“Sale of inventory to a customer – selling price $100,000 – cost of inventory sold $21,000 – customer pays $30,000 cash which is deposited in Little Bank – customer will pay for the remaining amount of the sale in 30 days.”

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