received cash on account from patients. The transaction would involive a. credit to Income from Services b. debit to Income from Services. c. credit to Accounts Receivable. d. credit to Cash. 24. Bright Services pays wages of a part-time The transaction would involve a a. debit to Wages Expense b. debit to Cash. c. credit to Wages Payable. d. credit to Prepaid Expenses. 25. Patrick Services paid the office rent for the current month. The transaction would involve a a. debit to Cash. b. debit to Rent Expense. c. credit to Rent Payable. d. credit to Prepaid Rent 26. R. Dexter withdraws cash for personal use from the business. The transaction would involve a a. debit to Wages Expense b. debit to Cash. c. credit to R. Dexter, Drawing d. debit to R. Dexter, Drawing 27, The requires that assets be recorded at the actual cost a. business entity principle b. matching principle e cost principle d. fair value principle 28. Which of the following is correct concerning recording journal entries? a. The credit part of the entry is recorded first b. The credit account is always indented underneath the debit c. The debit part of the entry is recorded last d. Dollar signs are always recorded in the journal entry