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On May 17 , Betty DeRose, Inc. performed $800 of servic es for Buckeye Company, a customer. Buckeye paid for onehalf of the bill on
On May 17 , Betty DeRose, Inc. performed $800 of servic es for Buckeye Company, a customer. Buckeye paid for onehalf of the bill on May 17 and agreed to pay the remainder within 30 days. On June 9, Buckeye paid the remaining amount owed. Which of the following journal entries wo uld Buckeye Company make on June 9 ? debit accounts receivable $400 and credit cash $400 debit cash $400 and credit service revenue $400 debit accounts payable $400 and credit service revenue $400 debit cash $400 and credit accounts payable $400 debit accounts payable $400 and credit accounts receivable $400 debit cash $400 and credit accounts receivable $400 debit accounts payable $400 and credit cash $400
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