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19 2 Points On December 2020, Miranda Right started Right consulting, a new business, and completed the following transactions during the first year of operations.

19 2 Points On December 2020, Miranda Right started Right consulting, a new business, and completed the following transactions during the first year of operations. The company designed a financial plan for a client and immediately collected an $8,000 cash fee The Journal Entry for this transaction will be B Dr. Accounts Payable $8,000 Cr. Cash $8,000 Dr. Accounts Receivables $8,000 Cr. Cash $8,000 Dr. Consulting Revenue $8,000 Cr. Cash $8,000 Dr. Cash $8,000 Cr. Consulting Revenue $8,000

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