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Broadmor Industries Collected $7,500 from a Customer on Account

Question 68

Multiple Choice

Broadmor Industries collected $7,500 from a customer on account.What journal entry will be prepared by Broadmor to record this transaction?


A) Debit Cash and credit Accounts Receivable.
B) Debit Cash and credit Service Revenue.
C) Debit Accounts Receivable and credit Service Revenue.
D) Debit Accounts Receivable and credit Cash.

Correct Answer:

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