Multiple Choice
A business earns $4,000 from various charge account clients. To record this transaction, the business would:
A) Debit Accounts Receivable; Credit Fees Income
B) Debit Cash; Credit Accounts Receivable
C) Debit Accounts Payable; Credit Fees Income
D) Debit Accounts Receivable; Credit Cash
Correct Answer:
Verified
Correct Answer:
Verified
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