Multiple Choice
The journal entry that records the collection of cash from a customer for payment on account for a sale that was recorded previously includes a debit to:
A) Cash and credit to Accounts Receivable.
B) Accounts Receivable and credit to Cash.
C) Cash and credit to Accounts Payable.
D) Accounts Payable and credit to Cash.
Correct Answer:
Verified
Correct Answer:
Verified
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