Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

10. Annie's Catering provided $1,000 of catering services and billed its client for the amount owed. Given the choices below, determine the general journal entry

10. Annie's Catering provided $1,000 of catering services and billed its client for the amount owed. Given the choices below, determine the general journal entry that Annie's Catering will make to record this transaction

A

Unearned Catering Revenue Catering Revenue

1000

1000

B.

Catering Revenue

2000

Accounts Receivable

2000

C

Accounts Receivable

1000

Unearned Catering Revenue

2000

D.

Accounts Receivable

1000

Catering Revenue

1000

E.

Cash

Catering Revenue

1000

1000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions