Question
Ron Truro received cash from a customer for payment on their account. The journal entry needed to record this transaction would: debit Cash; credit Account
Ron Truro received cash from a customer for payment on their account. The journal entry needed to record this transaction would:
| debit Cash; credit Account Payable | ||
| debit Account Payable; credit Cash | ||
| debit Cash; credit Services Revenue | ||
| debit Cash; credit Account Receivable | ||
| debit Services Revenue; credit Account Receivable | ||
| debit Account Receivable; credit Cash |
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Im A Auditor If You Dont Want A Sarcastic Answer Dont Ask A Stupid Question
Authors: Tim Hansen
1st Edition
B088Y3ZP2D, 979-8618443227
