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Kincaid Company provided consulting services of $6,400 to a customer who paid $3,100 and promised to pay the remainder next month. Which of the
Kincaid Company provided consulting services of $6,400 to a customer who paid $3,100 and promised to pay the remainder next month. Which of the following journal entries correctly records this transaction? Multiple Choice Account Title Debit Credit Consulting Revenue Cash Accounts Receivable. 6,400 3,100 3,300 Account Title Debit Credit Cash 3,100 Accounts Receivable 3,300 Consulting Revenue 6,400 Account Title Debit Credit Cash 3,100 Consulting Revenue 3,100 Account Title Debit Credit Cash 3,100 Accounts Payable 3,300 Consulting Revenue 6,400
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