Multiple Choice
A business renders services to a customer for $26,000 on account.Which of the following accounts is credited?
A) Cash
B) Accounts Receivable
C) Service Revenue
D) Accounts Payable
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q150: The trial balance verifies the equality of
Q152: For Owner's Capital,the category of account and
Q153: Which of the following factors is assessed
Q154: Calculate the debt ratio using the following
Q156: Owner's withdrawals and expenses increase equity.
Q157: A business purchases $500 of office supplies
Q158: Provide an explanation for each of the
Q159: A journal entry for a $270 payment
Q160: Which of the following statements is true
Q183: A payable involves a future receipt of