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3 parts A law firm collected $1,900 on account for work performed in the previous month. Which of the following general journal entries will the

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A law firm collected $1,900 on account for work performed in the previous month. Which of the following general journal entries will the firm make to record this collection of cash? Multiple Choice Debit Accounts Receivable, $1900. credit Unearned Legal Fees Revenue, $1,900 Debit Cash $1,900: credit Unearned Legal Fees Revenue, $1.900 Debit Legal Fees Revenue, $1,900; credit Accounts Receivable, $1,900. Debit Accounts Receivable, $1,900 credit Legal Fees Revenue, $1,900. Debit Cash, $1.900: credit Accounts Receivable 51.900 On January 1 of the current year, Jimmy's Sandwich Company reported owner's capital totaling $131,000. During the current year, total revenues were $112,000 while total expenses were $101.500. Also, during the current year Jimmy withdrew $36,000 from the company. No other changes in equity occurred during the year. The change in owner's capital during the year was Multiple Choice A decrease of $25,500 An increase of $25,500 An increase of $46,500 A decrease of $46,500 An increase of S1000 At the beginning of January of the current year, Sorrel Co's ledger reflected a normal balance of $71,000 for accounts receivable. During January, the company collected $18,600 from customers on account and provided additional services to customers on account totaling $14.400 Additionally, during January one customer paid Mikey $6,900 for services to be provided in the future. At the end of January, the balance in the accounts receivable account should be Multiple Choice 573700 $66.800 $4.200 $75 200 $68.300

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