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Richards Corporation collected $5,000 on an outstanding accounts receivable that was previously established when services were provided to customers. The appropriate journal entry to record

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Richards Corporation collected $5,000 on an outstanding accounts receivable that was previously established when services were provided to customers. The appropriate journal entry to record this transaction is: A Debit Cash/Credit Accounts Receivable B Debit Revenues/Credit Accounts Receivable Debit Accounts Receivable/Credit Revenues Debit Accounts Receivables/Credit Cash None of these

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