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A company receives $ 5 0 0 cash for services rendered. Which account ( s ) will be debited and credited? a ) Debit Cash,

A company receives $500 cash for services rendered. Which account(s) will be debited and credited?
a) Debit Cash, Credit Service Revenue (Correct Answer)
b) Debit Accounts Receivable, Credit Cash
c) Debit Service Revenue, Credit Cash
d) Debit Cash, Credit Expenses

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