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If the Norfolk Southern Corporation wants to record income of $10,000 on account (e. cash was not received yet), earned from a shipment of merchandise,

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If the Norfolk Southern Corporation wants to record income of $10,000 on account (e. cash was not received yet), earned from a shipment of merchandise, which of the following is the correct entry? (Note: I haven't included the part of the journal entry that increases cost of goods sold & removes merchandise inventory.) Debit - Accounts Receivable $10,000 Credit - Transportation Revenue $10,000 Debit - Cash $10,000 Credit - Transportation Revenue $10,000 Debit - Accounts Payable $10,000 Credit - Transportation Revenue $10,000 Debit - Transportation Revenue $10,000 Credit - Accounts Receivable $10,000

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