3. An attorney performs services of $800 for a client and receives $200 cash with the remainder...

Question:

3. An attorney performs services of $800 for a client and receives $200 cash with the remainder on account. The journal entry for this transaction would

a. debit Cash, credit Service Revenue.

b. debit Cash, debit Accounts Receivable, credit Service Revenue.

c. debit Cash, debit Service Revenue, credit Accounts Receivable.

d. debit Cash, credit Accounts Receivable, credit Service Revenue.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

Question Posted: