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When a company has performed a service but has not yet received payment, what is the required journal entry to be recorded? Accounts Receivable -
When a company has performed a service but has not yet received payment, what is the required journal entry to be recorded? Accounts Receivable - Debit; Service Revenue - credit Service Revenue - Debit: Accounts Payable - credit. Service Revenue - Debit; Accounts Receivable - Credit No entry is required until the cash is received. When a service has been performed, but no cash has been received, which of the following statements is true? The entry would include a debit to Accounts Receivable The entry would include a debit to Accounts Payable. The entry would include a credit to unearned Revenue. No entry is required until the cash is received
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