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TB MC Qu. 02-109 A law firm collected... A law firm collected $2,200 on account for work performed in the previous month. Which of the

TB MC Qu. 02-109 A law firm collected...

A law firm collected $2,200 on account for work performed in the previous month. Which of the following general journal entries will the firm make to record this collection of cash?

Multiple Choice

  • Debit Accounts Receivable, $2,200; credit Unearned Legal Fees Revenue, $2,200.

  • Debit Cash, $2,200; credit Unearned Legal Fees Revenue, $2,200.

  • Debit Legal Fees Revenue, $2,200; credit Accounts Receivable, $2,200.

  • Debit Accounts Receivable, $2,200; credit Legal Fees Revenue, $2,200.

  • Debit Cash, $2,200; credit Accounts Receivable, $2,200.

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