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The bookkeeper for Dr. Mark Scholz, DVM, informed the veterinarian that the business' revenue for the day was $18,920.

Which statement below best describes how the bookkeeper would record this?

• $18,920 would be recorded on the credit side of the revenue account.
• $18,920 would be recorded on the debit side of the purchases account.
• $18,920 would be recorded on the credit side of the cash account.
• $18,920 would be recorded on the debitside of the owner's equity account.