Multiple Choice
Merriweather Post Pavillion received a $820 check from a customer for the balance due.The transaction was erroneously recorded as a debit to Cash $280 and a credit to Service Revenue $280.The correcting entry is
A) debit Cash, $820; credit Accounts Receivable, $820.
B) debit Cash, $540 and Accounts Receivable, $280; credit Service Revenue, $820.
C) debit Cash, $540 and Service Revenue, $280; credit Accounts Receivable, $820.
D) debit Accounts Receivable, $820; credit Cash, $540 and Service Revenue, $280.
Correct Answer:

Verified
Correct Answer:
Verified
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