Question
On September 5, we made an $11,400 payment on account. What account would we debit when we journalize this entry? Group of answer choices accounts
On September 5, we made an $11,400 payment on account. What account would we debit when we journalize this entry?
Group of answer choices
accounts payable
cash
accounts receivable
fees earned
On September 11, we performed $5,750 of service and billed our customer. What account would we credit when we journalize this entry?
Group of answer choices
service revenue
cash
accounts receivable
retained earnings
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Enterprise Information Systems A Pattern Based Approach
Authors: Cheryl Dunn, J. Owen Cherrington, Anita Hollander
3rd Edition
0072404299, 978-0072404296
