Multiple Choice
A business renders services for $26,000 and collects cash from the customer.Which of the following accounts will be debited?
A) Cash
B) Accounts Receivable
C) Service Revenue
D) Accounts Payable
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q70: All asset accounts and equity accounts increase
Q158: Provide an explanation for each of the
Q159: A journal entry for a $270 payment
Q160: Which of the following statements is true
Q161: The following transactions have been journalized and
Q162: Cash is a(n)_ account and has a
Q164: Grace Paper Company has a debt ratio
Q166: In reviewing the T-account for Accounts Payable,you
Q168: A listing of all accounts in numerical
Q168: A business makes a cash payment to