When Invoices Are Sent to Customers Billing Them for Services

Multiple Choice

When invoices are sent to customers billing them for services that have been performed, the correct transaction analysis is:

A) Increase Accounts Receivable and increase Service Fees Earned
B) Decrease Accounts Payable and increase Service Fees Earned
C) Decrease Service Fees Earned and decrease Accounts Receivable
D) Increase Cash and increase Service Fees Earned
E) Increase Accounts Receivable and increase Accounts Payable