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Received $1500 of cash from a client for the accounting services provided in the previous month. The journal entry to record the transaction is: Select
Received $1500 of cash from a client for the accounting services provided in the previous month. The journal entry to record the transaction is:
Select one:
a. debit, cash $1500 and credit, accounts receivable $1500.
b. debit, accounts receivable $1500 and credit, service revenue $1500.
c. debit, cash $1500 and credit, service revenue $1500.
d. debit, service revenue $1500 and credit, cash $1500.
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