Question
The business provided services to a credit customer. To recordthis: A. an expense is debited and Capital is credited. B. an asset is debited and
The business provided services to a credit customer. To recordthis:
A.
an expense is debited and Capital is credited.
B.
an asset is debited and a liability is credited.
C.
an asset is debited and a revenue is credited.
D.
None of these is correct.
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Management Accounting
Authors: Anthony A Atkinson, Robert S Kaplan
5th Edition
136005314, 978-0136005315
