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H3Ko H3Ko
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7 years ago
Which of the following journal entries would be recorded if a business renders service and receives cash of $900 from the customer?

A) Cash   900   
      Service Revenue           900

B) Service Revenue   900   
      Cash           900

C) Service Revenue   900   
      Accounts Receivable           900

D) Service Revenue   900   
      Accounts Payable           900
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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H3Ko Author
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#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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