Question
Jones Limited received cash of $1,500 for services to be provided in the future, the correct general journal (without numbers) to record the transaction is
Jones Limited received cash of $1,500 for services to be provided in the future, the correct general journal (without numbers) to record the transaction is
a. Dr Cash Cr Accounts payable
b. Dr Cash Cr Services revenue
c. Dr Cash Cr Accounts receivable
d. Dr Cash Cr Revenue received in advance
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Auditing Theory And Practice
Authors: Arun Kumar & Rachana Sharma
1st Edition
8171567207, 978-8171567201
