16 MC Qu. 4-43 (Static) On July 3, the ABC Company received... 200 On July 3, the ABC Company received $865 in cash on account from customers. The correct journal entry to record this transaction is Multiple Choice debit Cash, $865; credit Accounts Receivable, $865 debit Accounts Receivable, $865: credit Cash $865 debit Cash, $865; credit Accounts Payable, $865 debit Cash, $865 credit Income from Services $865