Question
A law firm collected $3,600 for work to be performed in the following month. Which of the following general journal entries will the firm make
A law firm collected $3,600 for work to be performed in the following month. Which of the following general journal entries will the firm make to record this transaction? Multiple Choice
Debit Accounts Receivable, $3,600; credit Unearned Legal Fees Revenue, $3,600.
Debit Cash, $3,600; credit Unearned Legal Fees Revenue, $3,600.
Debit Legal Fees Revenue, $3,600; credit Accounts Receivable, $3,600.
Debit Accounts Receivable, $3,600; credit Legal Fees Revenue, $3,600.
Debit Cash, $3,600; credit Accounts Receivable, $3,600.
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The Power Of Accounting What The Numbers Mean And How To Use Them
Authors: Lawrence Lewis
1st Edition
0415884306, 978-0415884303
