On January 30, Ochoa Company performed services for one of its client and billed the client for the amount due. On February 28, Ochoa collected the total amount billed.

1.What account will Ochoa debit on January 30?

a.Unearned Revenue

b.Revenue

c.Cash

d.Account Payable

e.Accounts Receivable

2.What account will Ochoa credit on January 30?

a.Unearned Revenue

b.Revenue

c.Cash

d.Account Payable

e.Accounts Receivable

3.What account will Ochoa debit on February 28?

a.Unearned Revenue

b.Revenue

c.Cash

d.Account Payable

e.Accounts Receivable

4.What account will Ochoa credit on February 28?

a.Unearned Revenue

b.Revenue

c.Cash

d.Account Payable

e.Accounts Receivable