Multiple Choice
A business renders services for $16 000 and collects cash from the customer.Which account is debited?
A) Service revenue
B) Cash
C) Accounts payable
D) Accounts receivable
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q66: A business renders services to a customer
Q68: The drawings account is increased by a
Q69: In a typical chart of accounts,what information
Q70: The following are the ending month's
Q71: In a typical chart of accounts,liabilities appear
Q73: For Salary payable,the category of account and
Q74: Which of the following accounts is an
Q76: Which of the following is the last
Q82: A liability account is increased by a
Q109: When a business collects cash,the Cash account