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Record the following transaction using the horizontal model format: Sarah's Catering sold picnic food to customers for $35,000 on account. Cash = $35,000; Revenue $35,000

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Record the following transaction using the horizontal model format: Sarah's Catering sold picnic food to customers for $35,000 on account. Cash = $35,000; Revenue $35,000 Cash = $35,000; Accounts Receivable $(35,000) Revenue = $(35,000); Accounts Receivable $(35,000) Accounts Receivable = $35,000; Revenue = $35,000

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