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Other Fields Homework Help Accounting Topic started by: harra on Sep 19, 2017



Title: Receiving cash on account of $1,200 from a customer would include a:
Post by: harra on Sep 19, 2017
Receiving cash on account of $1,200 from a customer would include a:
A) debit to accounts receivable and a credit to service revenue for $1,200.
B) debit to cash and a credit to accounts receivable for $800.
C) debit to accounts payable and a credit to cash for $1,200.
D) debit to cash and a credit to accounts receivable for $1,200.


Title: Re: Receiving cash on account of $1,200 from a customer would include a:
Post by: raovatallpy on Sep 19, 2017
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Title: Re: Receiving cash on account of $1,200 from a customer would include a:
Post by: harra on Dec 31, 2017
Can't believe how you found this in the textbook, great answer.