Question
A business maintains subsidiary accounts for each of its customers. On May 15, the business provides services on account: $1900 to customer J. Anthony:
A business maintains subsidiary accounts for each of its customers. On May 15, the business provides services on account: $1900 to customer J. Anthony: $4900 to customer A. Martin; and $1300 to customer S. Lee. Which journal entry (entries) is (are) needed to record these transactions? O a) Service Revenue 8100 Accounts Receivable 8100 O b) Accounts Receivable J. Anthony 1900 Accounts Receivable A. Martin 4900 Accounts Receivable-5. Lee 1300 Service Revenue 8100 c) Service Revenue 8100 Accounts Receivable 8100 O d) Accounts Receivable Control Sales Revenue 8100 8100 Accounts Receivable-J. Anthony 1900 Accounts Receivable-A Martin 4900 Accounts Receivable-5. Lee 1500 Accounts Receivable-Control 8100
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started