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Home Q & A Board Other Fields Homework Help Business Accounting
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upton upton
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7 years ago
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
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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LaffioLaffio
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7 years ago
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