Question
Bottled Fish Ltd invoiced a customer for services provided: $600 payable in 60 days. Which entry correctly records this transaction? Dr Revenue $600; Cr Accounts
Bottled Fish Ltd invoiced a customer for services provided: $600 payable in 60 days. Which entry correctly records this transaction?
| Dr Revenue $600; Cr Accounts Payable $600 | ||
| Dr Accounts Receivable $600; Cr Revenue $600 | ||
| Dr Revenue $600; Cr Bank $600 | ||
| Dr Bank $600; Cr Revenue $600 |
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Accounting For Deferred Income Taxes
Authors: Bobby Carmichael
2nd Edition
1119724562, 9781119724568
