Multiple Choice
When a customer buys services on account,it should be recorded as:
A) a debit to Cash and a credit to Accounts Receivable.
B) a credit to Revenue and a debit to Accounts Receivable.
C) a credit to Deferred Revenue and a debit to Inventory.
D) a debit to Cash and a credit to Accounts Payable.
Correct Answer:
Verified
Correct Answer:
Verified
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