Multiple Choice
The entry to collect cash on account involves a
A) debit to Cash and a credit to Accounts Payable.
B) debit to Accounts Receivable and a credit to Cash.
C) debit to Cash and a credit to Accounts Receivable.
D) debit to Accounts Receivable and a credit to Accounts Payable.
E) debit to Cash and a credit to Sales Revenue.
Correct Answer:
Verified
Correct Answer:
Verified
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