8 of 14 Bill's Auto Repair received a customer payment of $1,000. Which entry is appropriate with a compound journal entry? Select an answer: a $1,000 increase to Revenue in Assets and a $1,000 increase to owners' equity a $1,000 increase to Assets and a $1,000 increase to owners' equity a $1,000 increase to Accounts Receivable and a $1,000 increase to Assets a $1,000 decrease to Assets and a $1,000 increase to owners' equity Previous Next