D Question 8 E What best describes the following transaction? Accounts Receivable Service Revenue 1,500 1,500 O Perform $1,500 of services for a customer Collection of $1,500 on account Payment of $1,500 on account O Write off an uncollectible account Question 9 Credits: O Decrease all account balances O Increase the amount of cash a company possesses O Increase Dividends O Increase Liability accounts 3.33 3.