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Which of the following is the appropriate journal entry if a company performs a service and is paid immediately? Debit to Cash, Credit to Revenue
Which of the following is the appropriate journal entry if a company performs a service and is paid immediately?
| Debit to Cash, Credit to Revenue | |
| Debit to Accounts Receivable, Credit to Cash | |
| Debit to Revenue, Credit to Accounts Receivable | |
| Debit to Accounts Receivable, Credit to Revenue |
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
