Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Sharp Services provided $800 of consulting work and $100 of design work to the same client. It billed the client for the total amount and
Sharp Services provided $800 of consulting work and $100 of design work to the same client. It billed the client for the total amount and is expecting to collect from the customer next month. Which of the following general journal entries did Sharp Services make to record the billing of the customer?
Question 33 options: A)
Account Title Debit Credit Design Revenue 100 Consulting Revenue 800 Accounts Receivable 900
B)
Account Title Debit Credit Accounts Payable 800 Design Revenue 100 Consulting Revenue 800
C)
Account Title Debit Credit Design Revenue 100 Consulting Revenue 800 Accounts Payable 900
D)
Account Title Debit Credit Unearned Revenue 900 Consulting Revenue 800 Design Revenue 100
E)
Account Title Debit Credit Accounts Receivable 900 Consulting Revenue 800 Design Revenue 100
Sharp Services provided $800 of consulting work and $100 of design work to the same client. It billed the client for the total amount and is expecting to collect from the customer next month. Which of the following general journal entries did Sharp Services make to record the billing of the customer?
| |||||||||||||||
| |||||||||||||||
| |||||||||||||||
| |||||||||||||||
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started