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Question 5 Rex & Co. received $81,000 from its customers on 2 Feb 2021. Half of the goods will be delivered on 6 Feb 2021
Question 5 Rex & Co. received $81,000 from its customers on 2 Feb 2021. Half of the goods will be delivered on 6 Feb 2021 and the balance of goods will be delivered on next day. What is the correct Journal Entry on 2 Feb 2021? A. Debit Cash $81,000 Credit Accounts Receivable (AR) $81,000 B. Debit AR $81,000 Credit Cash $81,000 Debit Cash $81,000 Credit Unearned Revenue $81,000 D. Debit Cash $40,500 Credit AR $40,000 O Debit AR $81,000 Credit Cash $81,000 Debit Cash $81,000 Credit Unearned Revenue $81,000 Debit Cash $40,500 Credit AR $40,000 Debit Cash $81,000 dvedit Accounts Receivable (AR) $81,000 Od
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