Multiple Choice
Tomi See CPA has billed her clients for services performed. She subsequently receives payments from her clients. What entry will Tomi make upon receipt of the payments?
A) Debit Unearned Service Revenue and credit Service Revenue
B) Debit Cash and credit Accounts Receivable
C) Debit Accounts Receivable and credit Service Revenue
D) Debit Cash and credit Service Revenue
Correct Answer:

Verified
Correct Answer:
Verified
Q9: An adjusted trial balance<br>A)is prepared after the
Q85: Ultramega Company collected $19600 in May of
Q87: On July 1 Outdoor Sports Store paid
Q88: Depreciation is the process of<br>A) valuing an
Q89: The balance sheets of Professional Painters
Q91: An accounting period that is one year
Q92: The balance in the supplies account on
Q93: On January 1 2015 Miraz Company purchased
Q94: Accounts often need to be adjusted because<br>A)
Q95: Under accrual-basis accounting<br>A) cash must be received