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Which of the Following Entries Records the Receipt of Cash

Question 48

Multiple Choice

Which of the following entries records the receipt of cash from clients on account?


A) Accounts Payable, debit; Fees Earned, credit
B) Accounts Receivable, debit; Fees Earned, credit
C) Accounts Receivable, debit; Cash, credit
D) Cash, debit; Accounts Receivable, credit

Correct Answer:

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