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Before closing the office for the day, Lisa took a phone call from a corporate customer who wanted to make a reservation for three nights
Before closing the office for the day, Lisa took a phone call from a corporate customer who wanted to make a reservation for three nights at Wildwood Inn. The total cost came to $473.00. The customer asked Lisa to charge the total amount to the company's account. Which T-Account or T-Accounts listed below correctly show how a sale on account should be recorded? a.) Accounts Receivable Revenue Debits Credits Debits Credits $473.00 $473.00 b.) Cash Revenue Debits Credits Debits Credits $473.00 $473.00 c.) Cash Revenue Debits Credits Debits Credits $473.00 $473.00 d.) Accounts Receivable Revenue Debits Credits Debits Credits $473.00 $473.00
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