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Other Fields Homework Help Accounting Topic started by: upton on Jun 5, 2017



Title: BNL completed a performance and collected revenue of $10,000 not previously billed or recorded. The ...
Post by: upton on Jun 5, 2017
BNL completed a performance and collected revenue of $10,000 not previously billed or recorded. The journal entry to record the collection would be:
A) Performance Fees   10,000
                          Cash   10,000

B) Accounts Receivable   10,000
                           Cash   10,000

C) Accounts Receivable   10,000
Performance Fees   10,000

D) Cash   10,000
Performance Fees   10,000


Title: Re: BNL completed a performance and collected revenue of $10,000 not previously billed or recorded. ...
Post by: Laffio on Jun 5, 2017
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