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6. On March 15, Armstrong Corporation performed consulting services on account for a customer. Armstrong collected $5,000 on account from that customer on April 22.

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6. On March 15, Armstrong Corporation performed consulting services on account for a customer. Armstrong collected $5,000 on account from that customer on April 22. Which of the following general journal entries would be used to record the transaction that took place on April 22 ? A) Debit assets for $5,000, credit equity for $5,000. B) Debit cash for $5,000, credit consulting service revenue for $5,000. C) Debit cash for $5,000, credit accounts receivable for $5,000. D) Debit accounts receivable for $5,000, credit consulting service revenue for $5,000. E) Debit accounts receivable for $5,000, credit cash for $5,000. 7. Caroline Duffy contributed $10,000 in cash and equipment worth $3,000 to open a new business that she has incorporated. Which of the following general journal entries would be used to record this transaction? A) Debit assets for $13,000, credit common stock for $13,000. B) Debit cash for $10,000, credit common stock for $10,000. C) Debit cash and equipment for $13,000, credit common stock for $13,000. D) Debit cash for $10,000, debit equipment for $3,000, credit common stock for $13,000. E) Debit cash for $10,000, debit equipment for $3,000, credit dividends for $13,000

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